Beware of Varun Industry In The Bourses

There is no reasons to buy Varun at this level. It is operators traded stock so beware of buying it. The stock I bought in Rs. 60 by its IPO has rose to Rs 135 today. The stock which has entered market with Face Value 10 rose fr0m Rs 30 to Rs 135 in last one month; has no reason to reach such valuation. However, Varun has been awarded xcellent orders with BIG values from BIG corporates, still to be proven at the market. Thanks to the 5% circuit which protects small investors from toppling top to bottom. Beware guys !!