Rollatainers once again on new high

Something surely seems to be cooking on the counter of Rollatainers. The stock has been hitting a new high since 9th June and today, it hit a new high at Rs.346.25, its 5% upper circuit.

This has been the trend since 9th June and looks like the market is expecting some positive announcement from the company. On 26th May, the company had issued a statement saying that the Board of Directors of the company had discussed about various aspects of company’s global and domestic investment opportunities and also evaluated the various options for investments. This means that the market is now anticipating the company to soon announce its new proposed investment plan.