Daljeet Kohli was ahead of Prashant Jain when it comes to spotting the potential of Prism Cement. While Daljeet put a buy on Prism on 14th May 2014 when the stock was quoting at Rs. 50, Prashant Jain bought the stock on 9th June 2014 when the stock was at Rs. 71.
Then, when Prism Cement underwent a big scare in the form of a Rs. 120 crore fine, Daljeet Kohli comforted investors that they have nothing to worry and advised them to remain invested in the stock.
On 22nd January, Prism Cement surged to an all-time high of Rs. 108, resulting in 100%+ gains in just seven months for Daljeet and his vast legion of followers. Even at the CMP of Rs. 91, there are solid gains on the table.
Daljeet has now issued a crisp update after the Q3FY15 results in which he has recommended a ‘Hold’ with a target price of Rs. 103.
OnMobile Global is also a success story. Though Daljeet recommended a buy when the stock was at Rs. 39, that doesn’t count because no one could have bought the stock. His second buy call was on 10th November 2014 when the stock was at Rs. 52.
The stock has taken off like a rocket. It touched an all-time high of Rs. 99.80 yesterday and settled at Rs. 91. At the closing price of Rs. 91, the gains, since Daljeet’s second call at Rs. 52 is a fabulous 75% (in just 3 months).
Daljeet’s latest update projects a target price of Rs. 101 for OnMobile Global.
Daljeet has also issued a detailed report on two stocks, Cairn India Ltd and LIC Housing Finance Ltd.
In the case of Cairn India Ltd, Daljeet has foreseen a target price of Rs. 317, which means a gain of 28% from the CMP of Rs. 247.
In the case of LIC Housing Finance, Daljeet has foreseen a target price of Rs. 551, which means an upside of 19% from the CMP of Rs. 460.
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