Today is a Special Day

Today is a special day. For the first time one of my picks from the secondary market has yielded more than 100% returns. It is none other than Bartronics. Another good aspect of this particular pick was that I had bought this stock by simply following my instincts and understanding the good prospects of this business. It was not something I did listening to some bozo on CNBC TV18 or by reading someone's blog.

It was bought at a price of 84.25 (includes brokerage) on the day of the Muhurat trade (Diwali Special Trading Session on 21st October 2006). The scrip is now trading at 175.30. A fine return of 108.07% in less than 9 months. It sure was a great muhurat for me !

Bartronics is a dominant player in the automatic identification and data capture (AIDC) space. Offerings include barcode readers, smart card technology solutions, RFID and IR-based access control systems.