Educomp, IFCI back on Rar(e)ing bull’s radar

With the stock market rally in full swing, the Rar(e)ing Bull is learnt to have stepped up his investments in second-line shares. The Bull is learnt to have been mopping up Educomp Solutions shares over the past couple of sessions.

This is one stock that turned out to be the nemesis of many a courageous bear, Old Fox included, who tried to make a fortune by going short at the counter. As the saying goes, if you can’t beat them, join them. The Bull is also said to have taken a renewed interest in IFCI. His followers say that the company had taken a huge mark-to-market hit last year by subscribing to shares of Tata Motors and Hindalco.

Now that the share price of both scrips have recovered, the company’s balance sheet appears a bit more healthier.