Monday, December 27, 2010

Jupiter Biosciences..CMP:52........

Friends,

I am tracking this company since long and have thought to wrote about it many times before... Now i am looking at the future value of this company and found something very interesting... things are looking food now... there are some positive news....

It is negotiating for Multi year supply contract worth Rs. 75 Crores for Peptide Building Blocks with large Multinational Big Pharma Companies based in Europe....... Also Increase in Authorised Share Capital from Rs. 70 Crores to Rs. 150 Crores......... very soon there will be preferential allotement of shares to promoter and associates...

Jupiter is looking for aquisitions in india and abroad to spread its wings..... For this they will be raising Fund through Preferential Issue, QIP, FCCB'S, ADR's, GDR's, etc., to the extent of US$100.........

I dont have any major things to write on this company... but it is my sense that there may be major turnaround in this company.. that has to be watch out .......

at Monday, December 27, 2010 Posted by Deepak

4 comments:

  1. DeepakFebruary 22, 2011 at 11:03 PM

    Hi Swati,

    I got injured in december and since then i am not writing.

    But now recovering and will start publishing new posts very soon

    Regards

    ReplyDelete
  2. AnonymousFebruary 23, 2011 at 12:08 PM

    ok take care god bless

    ReplyDelete
  3. lakshmananMarch 10, 2011 at 7:52 AM

    By seeing your i have bought jupiter bio, i am at loss of 3 laks, i am still holding the stock, is there any future in this script, is it fundamentally good company

    ReplyDelete
  4. DeepakMay 23, 2011 at 10:45 AM

    lakshmanan,

    Pls continue to hold it....

    I never recommend to buy any shares in one go.. Also never recommend to put all your money in a single stock...

    ReplyDelete

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