Polaris Financial Tech Ltd today touched Rs.144.35, before going in for intra-day correction. The stock if you remember was recommended around Rs.120, for a target of Rs.124 and Rs.132.
In another very important development in one of my strongly recommended counters, Bartronics India Ltd, India's largest AIDC Technology company, announced the completion of its reorganization. The international operations are now headquartered in Singapore. Subsequent to reorganization the American entity is a subsidiary of Bartronics Asia,and a separate subsidiary called Bartronics Global Solutions Ltd (BGSL) has been as an off-shore development centre in order to cater to international operations. The Indian operations have been reorganized into Bartronics Identification Solutions Division and Bartronics Financial Inclusion Division. The identification Solutions Division include the business of providing Solutions using AIDC technologies together with manufacturing of Smart Cards and the Financial Inclusion Division will include all the projects that the company has won in Financial Inclusion Space. In Addition to this, the company also has made arrangements to have Bartronics e-Governance Division which will include all e-governance projects. The strategic decision to reorganize the operations was taken in order to have clearly defined business lines and address the opportunities provided by each of these business units. Therefore now close your eyes and start accumulating Bartronics Ltd at Rs.22.50-23, for some superb moves in the coming days. I am expecting a target of Rs.50-52, in the next 45-60 days.
Vijay Shanthi Builders Ltd today hit the Upper Circuits, before closing near the circuits at Rs.15.60. This company is doing excellently and is expected to give superb returns going forward. Similar is the case with Anant Raj Industries Ltd which touched Rs.50.50 today. You do not need to go anywhere, just follow this blog and make money.
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