There is a Strong Rerating and Heavy Accumulation going on in Top 3 Starch & Starch Derivatives Sector players. Today, Riddhi Siddhi is up at the circuit 5 %, Sukhjit Starch is up 12 % while Anil Products is up 7 %.
This accumulation pattern is quite similar to that I observed in pre- rerating phase of Indian Poultry Sector Companies - Venky's between 370-500 range, Srinivasa bet. 75-85 range and Simran bet. 30-45 range. Hence, this is just a tip of the iceberg and extremely good days are ahead for top starch & starch derivatives leaders of India. This is not just an isolated case in India as in our neighbourhood China, the shares of Asia Bio-Chem group (Covered in My Report on Comparison of Indian & Chinese Sectors), the undervalued Starch & Starch Derivatives company of China with a topline same as Indian Leader Riddhi while bottomline far below Riddhi has run-up 21.5 % in last 4 trading sessions. Rgds. Mahesh (Blog on the sector is updated with new posts - [URL="http:// starchsector.wordpress.com/"]http://starchsector.wordpress.com/[/URL] -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
