Some of Daljeet Kohli’s stock picks do not meet with an enthusiastic response from his fans. Meghmani Organics met with that fate.
Though Daljeet Kohli & Amar Mourya called Meghmani Organics a “classic turnaround story” and promised 100% gains from it (target price Rs. 34), investors cold-shouldered the stock.
Today, Meghmani lived up to Daljeet’s expectations by spurting an impressive 17% (it closed at 15.5%) to rest at Rs. 21.60.
Daljeet and his followers have already pocketed gains of 44% (from the initiation price of Rs. 15).
Now, we have to wait and watch whether Daljeet’s promise of 100% gains from Meghmani will come true and if so, how soon.