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Monday, February 02, 2015

The FIIs have almost exited the IT-company, Allied Digital Services Ltd (Rs.31.60). The latest (December, 2014 quarter) shareholding pattern shows the FIIs holding as only 0.06% against the 2.96% of the September, 2014 quarter.

In such circumstances, it would be better to book complete profit in the counter and wait for it to come up with QFY15 results. If the results are good then we can look for fresh entry. 

The point of apprehensive is that: one of the key figures, have already left the company and now with dismal FIIs figures, it does not augur well for the shareholders. Anyway, let us hope for the best. 
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