Saturday, August 7, 2010

Multibagger Penny Stock - KILPEST INDIA LTD CMP 10.07- BSE Code : 532067






Kilpest India Ltd is one of India's leading Agri based companies. Kilpest is an ISO certified company and has representation in India in the field of agriculture business comprising Crop Protection Products and Public Health Products, Bio products, Micro-Nutrients and Mix fertilizers.

Moving with a lustrous record of providing quality products to its customers since past many years, the company's management is now shifting its focus towards 'Biotechnology', keeping in view the hazardous effects of chemical pesticides. Since Biotechnology has been described as a "Sunrise sector" by Government of India, the company is now on its adventurous journey towards exploring potentials of Biotechnology in the field of Organic Agriculture, Public Health, Nutraceuticals, industrial enzymes etc.
This Stock has Seen Roller Coaster Ride in Last 2 years.Before Stock market Crash This Scrip was Trading at above Rs 100.Subsequent Bear Market took it to lows of Rs 8.
Now it has just Started Gaining Some Strength and Currently Trading above 20 Days EMA Rs 10.06 which is at 10.07 and 50 days EMA which is at Rs 9.8.
Buy at Current market  Price or best Buy at 1-2 Rs Decline from CMP.
This is the stock to Buy as Technically it is very strong and has the potential to race to any level as it looks like a multibagger.
Caution:Its a low Volume stock so it could be Very Volatile.


8 comments:

  1. Very nice post with a ton of informative information. volatile penny stocks I really appreciate the fact that you approach these topics from a stand point of knowledge and information.

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  2. bhai superb.perfect penny stock.Good fundamentals i also impressed.

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  3. Wow.....You are simply awesome....great work. Kilpest India hits a high of Rs. 25.55/-. Keep recommending such gems. God bless you!!!

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  4. Kilpest India hits a high of Rs. 30.60/-. Congrats. Already 3 times from the recommended levels.

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  5. Kilpest India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 31, 2011, inter alia, has transacted the following;

    1. It was informed to the Board that following 75% balance share money @ Rs. 12.135ps. has been received from the allottees of Preferential Share Warrants allotted:

    Name: Mr. Ram Kuber Dubey
    Balance 75% Amount received as on date of this meeting (Rs.): 10,07,205.00
    No. of shares to be allotted on the basis amount received: 83000

    Name: Mr. Dhirendra Kuber Dubey
    Balance 75% Amount received as on date of this meeting (Rs.): 7,03,830.00
    No. of shares to be allotted on the basis amount received: 58000

    Name: Mr. Nikhil Kuber Dubey
    Balance 75% Amount received as on date of this meeting (Rs.): 2,00,227.50
    No. of shares to be allotted on the basis amount received: 16500

    Name: Mrs. Mithala Dubey
    Balance 75% Amount received as on date of this meeting (Rs.): 5,03,602.50
    No. of shares to be allotted on the basis amount received: 41500

    Name: Ram Kuber Dhirendra Kumar (HUF)
    Balance 75% Amount received as on date of this meeting (Rs.): 2,54,835.00
    No. of shares to be allotted on the basis amount received: 21000

    Total:
    Balance 75% Amount received as on date of this meeting (Rs.): 26,69,700.00
    No. of shares to be allotted on the basis amount received: 220000

    Accordingly, the Board has approved and decided to allot above 220000 fully paid shares @ Rs. 16.18 (price fixed, as per SEBI norms) Rs.10.00 towards share and Rs. 6.18 towards share premium.

    2. Recommend the payment of dividend for the year 2010-11 @ Re. 1/- per share on the equity shares of Rs. 10 /- each (i.e. 10%).

    Since the recommendation the stock has already hit the high of Rs. 35.65/-. Congratulations to all investors!!!

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  6. Kilpest India becomes 11 bagger, book 50% Profit and hold the rest.

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  7. 51.7x...Stock hits 517 :)
    Bingo!!!
    Congratulations to all investors!!!

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