Tuesday, September 20, 2011

Southern Petrochemical Industries Corporation

SPIC(Southern PetroChemicals Industries Corporation)  approves stake sale of Phosphatic biz
The company has approved stake sale of Phosphatic business for Rs 300 crores.

Period
Price
Latest Price
Gain/Loss (Rs.)
% Gain/Loss
3-Days
27.60
28.90
1.30
4.71
5-Days
29.45
28.90
-0.55
-1.87
7-Days
29.95
28.90
-1.05
-3.51
15-Days
28.65
28.90
0.25
0.87
1-Month
27.85
28.90
1.05
3.77
3-Month
30.15
28.90
-1.25
-4.15
6-Month
16.95
28.90
11.95
70.50
9-Month
24.70
28.90
4.20
17.00
1-Year
23.40
28.90
5.50
23.50












Where we are still bullish on this co where the growth prospect of the co is very bright and in near future there is going to be revenue generated from the business, and since then there has been more than 7% return in the stock .

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