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WHY JAI BALAJI & ADHUNIK ?

Both well known companies of same sector viz. Adhunik Corporation Ltd & Jai Balaji Industries Ltd. are Kolkata based and made remarkable performance right from there incorporation.

They had a bright future if they would be success to mature there proposal of treatment of Fines.
In India we have heard about the Iron ore mines at Orrisa & nearby worth mentioning would be a place called "Virbil". The iron ore procured from these mines are used as raw material for sponge iron plant.But the fine particles or dust are considered as waste ,as because the technique for treatment of fines or dust is not yet introduced in India.Hence it is exported to China as a waste.

Adhunik Corporation & Jai Balaji has joined hands to introduce treatment of those fine particles thereby making utilization of so called waste and making huge gains , it would help to boost up there gains in the coming financial years with a promising future ahead.

Though the entire plan is yet under purview and is likely to mature.Though the future is always uncertain so it could not be guaranteed but if could mature the price of the stock will soar. It wouldn't be a bad idea to have some holdings of either of the stocks in our portfolio.As the stock has seen good correction in the market's cyclical bear phase so the price of the stock is also justified.