Investors can continue to accumulate Valuemart.
If you remerber, I had given a BUY call when the stock price was Rs.1.6. Now the stock has nearly tripled and quoting at Rs.4.4. Click here http://equityadvise.blogspot.com/2009/11/valuemart-value-buy.html

I had given the Buy call at around Rs.1.4 and now it is Rs.4.3.
I would still stick my neck out and say that Valuemart is a good buy at even this rate.
The company has wiped out all its losses. It has good reserves.
Moreover the Company seems to be on the lookout for a Acquistion. If this does happen, than the stock will be in altogether different league.

WHY BUY :
1) Company has wiped out all its losses and has been posting profits regularly.
2) The Promoters have invested 10mn equity shares at a premium of Rs.4 per share.
3) The Company`s topline was least affected in the recent recession.
4) The Company continues to focus on Inorganic growth and has had great success with its recent acquisitons.
5) The Company is proposing to revive its GDR issue.
6) The Company`s core strength has been the Domestic BPO Market which has shown strong signs of High Growth.
7) The Legal Process Outsourcing (LPO) is growing at a good rate and Valuemart is positioned well to exploit this.

Buy now and at every decline.



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