Nifty crossed 8900 today and it was another glorious day for stocks in my portfolio. One of my old jackpot stock “Astec Lifesciences” from pharmaceuticals sector hit new all-time highs today touching levels of Rs.136. I had invested in this stock at around Rs.29-30 and since then I have been holding it with patience for almost a year. The money rain has continued in this stock and it has managed to rise more than 4 times from the initial investment levels. Once again I have been rewarded for my patience. Hence, I keep repeating the mantra “Keep patience and hold stocks in which you believe”!
In this article, I shall discuss about the Astec Lifesciences company background, stock price history, etc.
BSE Id for Astec Lifesciences – 533138
NSE Id for Astec Lifesciences – ASTEC
Current Market Share Price of Astec Lifesciences (as on 27th January’15) – INR 134
Arvind Bajaj’s Bullish Views on Astec Lifesciences stock in his Portfolio
I entered Astec Lifesciences at Rs.29 levels and I have still held this stock after almost a year of initial investment. I have been rewarded handsomely for my patience with tetra gains from this stock over the last 1 year. I had booked 30% profits earlier and am still holding the rest for more gains in future. It has already reached very high levels and so I am not making fresh entry in this stock.
My Personal Bullish Expected Levels for Astec Lifesciences in my portfolio – Holding free shares for long-term gains up to Rs.300 levels
Company Background of Astec Lifesciences Limited
This organization got established in 1994 for serving the pharmaceutical and agrochemical industries. It has been a popular producer of pharmaceutical intermediates and agrochemical active ingredients. It has managed to partner with small as well as large companies all over the world to deliver quality products in manufacturing plants.
You can always access further information about Astec Lifesciences Limited company at: Astec Lifesciences Official Website
Kindly note that I always follow basic guidelines before investing in the Indian stock market as I believe it will help us to stay patient as well as make profits in the long run. My methods for investing in stocks that I follow are:
Arvind Bajaj’s Methods of Stock Investment
To always stay positive and enjoy money rain in our lives, one can follow the Money Minting Mind Program.
NOTE: The above information is purely my own personal take / view / discussion on Astec Lifesciences after my analysis. I am not at all a certified Stock Analyst or Stock Broker or Research Analyst. All my readers of this blog are advised to perform their own analysis and consult any authorized research analyst or financial advisor before taking their investment decision.