Our team noticed that WPIL promoters are doing aggresive open market purchase. Later our team tried to dig out the reasons and found that WPIL has made few acquisition/ tie ups globally to synergize their business and is going to be benefitted tremendously in coming quarters, same was reflected later in company's quarterly results.
Stock recommended at average price of Rs. 182.5 made high of Rs. 442 couple of weeks back and is currently trading at 402. We suggested partial profit booking to our subscribers by selling 50% of stock holding of WPIL at Rs. 425 (returns of 130%) and holding the remaining quantity for long term.
To access WPIL Research Report, click on the link - Read/Download
In this month, our analysts have identified one more undervalued micro cap stock from the same sector and are confident that the stock can turn to be multibagger sooner than later and can give similar returns like WPIL in next 12 to 15 months. This company offers great value for money and is all set to be recommended as Hidden Gem stock of the month.
The manufacturing units are certified with ISO 9001-2000 quality surveillance systems. One of the focus area of company's manufacturing is the Research and Development. The facility is equipped with state of the art testing equipment, captive machine shop and design centre.
Company has completed its 2 year expansion plan and is all set to deliver robust top line and bottom line in coming quarters. In last 2 quarters, company has delivered growth of almost 90% in its profitability and is expected to deliver the same performance in coming quarters.
Equity analysts at Saral Gyan believe that this micro cap stock is a multibagger candidate with potential to treble (3 times) your investment in next 18 to 24 months.
The complete research report will be mailed to our existing subscribers in next 24 hours, our existing members can allocate upto 10% of their investment into this micro cap stock once our research report (Hidden Gem - Aug 2012) is out. if you also want to invest in this multibagger micro cap stock opportunity, subscribe to Hidden Gems today.
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Also Read: 4 Hidden Gems which Doubled Investors Money in 1 Year