Day: April 16, 2013

Forecasting Folly:Cox & Kings

Post author By Raoji
Post date April 16, 2013
1 Comment on Forecasting Folly:Cox & Kings

This post is in continuation of my forecasting folly series (see here)

On March 31, 2012, Dalal Street’s finest at ICICI Direct put out a buy call on Cox & Kings.The then prevailing price was around 163 Rs and the target price given was Rs.195 (implying an upside of around 20%).

By Nov 16, 2012, the price of Cox&Kings had fallen to around 140 Rs.The good folks at ICICI Direct maintained their buy call and revised the target price to 170 Rs

Now exactly 4 months later, on April 16, 2013 ,Cox&Kings closed at 126 Rs.This is around 36% below the original target price.

Forecasting folly, anyone?

Tags cox&kings, icicidirect

5Stocks

5 Stocks that rose by 50% in the first half of April 2013

Post author By Raoji
Post date April 16, 2013
No Comments on 5 Stocks that rose by 50% in the first half of April 2013

This post is in continuation of my 5 Stocks Series (see here)

5 Stocks that rose by 50% in the first half of April 2013 is given below:

Symbol	Close on 28 March, 2013	Close on 15 April, 2013	Gain
TULIP	8.7	13.1	50.57%
HOTELRUGBY	4.4	6.7	52.27%
KBIL	752	1200	59.57%
TRICOM	1.5	2.5	66.67%
DELTACORP	41.1	73.95	79.93%