Query Trends : Sical Logistics

Query : Dear Sir, I bought Sical Logistics 1000shares at the rate of Rs.244 on 26th Nov'07, now it fell to 235,what should I do now, as people are saying that it has big company than Mundra Port, pls tell me what should I do now.? Deepti Jain

Thebullishtrends : The Chennai based Sical Logistics shares closed today at Rs.234. Sical product mix change in logistics business after selling off its non-logistics businesses and seperating the services business with the infrastructure projects,Sical will focus more on its logistics business. It is expected to move from carrying bulk trade to merchandise trade, wherein the growth rates are higher at 15-20% as against 4-5% in bulk trade,you have already taken a position and need not to worry about this it is a good stock, keep this stock for medium-Long term gains.