I hate giving tips…and hate people asking for tips. When a person who does not know me from adam sends a mail saying “I have L&T bought at 1485…what should I do now?”. Sorry, I can only delete the mail. I need to know a person before I can recommend anything to him or her. Sorry I am made that way.
However, I do have a portfolio – Coromandel International is one share and it is a significant value in my wife’s portfolio and my Dad’s portfolio. Theoretically I can say I personally have only 2500 shares, but the other portfolios have more, much more. This is my disclaimer – I actually need not give it – my influence is insignificant, and legally it is not necessary..:-) but just by way of abundant caution..
I was always convinced Coro Int is a good buy because of the foreign tie ups for raw material, strict cost control, understanding the markets, etc. Have held this share from a ridiculously low price..so here is an article. If you think it is a plant, so be it..
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