Review of our investments in the last one year

SIP in India Glycols Ltd.:
As on 29.5.09, we have 665 shares invested @ Rs.82.8 per share since we started investing from june'08 onwards. The current price is Rs. 103/- approx. i.e., a return of approx. 25% in just 12 months time. We bought the script between Rs. 53/- and Rs.280/- and after 11 monthly instalments our average price is Rs. 82.8/- only and in such a volatile and recession hit markets we have been able to generate a return of over 22%. We deliberately did not invest in May'09 as we want to see the 2009 annual results berofre taking further exposure in the script.The advantage of systematic investment plan has been practically demonstrated to be very attractive and profitable as it insulates one from day to day price fluctuations.
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HOTEL LEELA VENTURES LTD.:
The script was recommended on 1.12.08 @ Rs. 15-17/. The price as on 29.5.09 is Rs. 33.50, i.e., a return of about 100% with in 6 months time.
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ICRA LTD:
The script was recommended on 14.11.08 @Rs.399/-. The price as on 29.5.09 is Rs.710/- i.e., a return of over 80% in about 6.5 months.
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We will now review our other investments regularly in future.