Piramal Glass de-listing opportunity – Good 24% gain in 3 months
Dear Sir, In Feb’14, Piramal Glass (NSE Code – PIRGLASS), part of Ajay Piramal Group, came up with a de-listing offer with an indicative offer price of 100. Sensing an opportunity with good probable returns and seemingly low downside, we shared Piramal Glass de-listing opportunity with Alpha + members in Feb’14 around the levels of 104-107. Few days back, on 28th May’14, we finally asked our members to exit completely from the stock around Rs 132 and thus closed the opportunity with a gain of 24% in around 3…