Wednesday, November 9, 2011

Karuturi Global stock on a upper circuit for a week

The company in its written communication to shareholders updated on its african operations. The company which is into agro products and floral products having operations in India, Africa and Ethopia suffered loss of crop recently due to floods in its Ethopia facility which caused the stock to drop upto Rs.4 a week ago. The stock started surging after the communication received from the company. Analyst have suggested a strong buy at every dips. The stock is expected to touch Rs.10 in a very short term.

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