IFB

IFB Industries was trading below Rs. 10 untill 2004.The stock price even went below 1Rs. and most of the time it was trading between 1 to 5rs .It was after 2005 that the stock price went above rs 10 and went to a maximum of rs 85.
During the 2008 slowdown period it came back to around rs 20 and then it again started to rise made a high of about 179 and presently trading around 115.


Now if One would have bought 1000 shares at around RS. 2 in 2003 with a total of Rs.2000 then at the high price of Rs.179 one would have earned rs 1,79,000 and at present rate of Rs.115 the amount would be Rs.1,15,000.


See the amount you would have made.This is calculated from 2003 that is before the rights issue and  bonus.


I will recommend to  Hold on IFB Industries as of now.


Last weeks recmmended stock is DISH TV. Definetely it would be Multibagger in the Years to come.


Next week multibagger clue is that it is a that stock  got listed  in the year 2010 and the  price  from then on is still in the upmove only.It is trading around little high price of Rs.800. One would wait for some time to enter at lower levels or instead of buying bulk quantities one can average on every dips.
The products of this company are mostly the favourities of the high class people/young... who live in  urban areas.