I was talking about today in the context of the recent upmove from 9 to 10 (the 6 positive days the bal had) and in that context any show of buying support around 10 levels will augur well for the stock considering some block deals happened around those levels..... I know for a fact today is insignificant in a larger context........ Coz I know the quality of BAL products our house hold is consuming it and I believe the products are second to none.
i totally understand the management doesn't have to make an announcement...... But as a share holder I was expecting one ......specially when the management rated this relaunch as transformative for the company. Just to say relaunch went as per the plan would do well IMO.
iam sure they will elucidate in detail in the August report .....sooner would have been better considering SP took a huge beating not so long ago.....
DYOR SS
BAL Price at posting:
$10.20 Sentiment: None Disclosure: Held
