Dear Readers,
Congratulations !!! finally your patience paid off and TCI Express got listed. Some of the our readers had got the first experience of demerger process. Still we are receiving several comments about buy or sell. Both companies are having very good growth potential so need to hold at least for 3-4 years to get decent return. TCI was suggested at 250 and it went above 350 during demerger. Those who bought near 250 are in profit around Rs 100 per share of TCI and those bought around 350 are in no profit no loss. Those who are willing to buy now, can buy it with expected gain around 50% in next 2 years. Finalization of GST bill is still under process and some delay is possible due to political non cooperation. Company management is fully confident on future growth prospectus and it has negligible impact of demonetisation or GST delay.
http://www.moneycontrol.com/news/business/expect-15-18-revenue-growthh2-tci-express_8126401.html
http://www.tciexpress.in/pdf/TCI%20Express%20Ltd-%20Investor%20Presentation%20-%20Nov%202016.pdf
