In my May 15th post, we discussed about 5 stocks in which promoters have increased their stakes. Fairchem Speciality Limited, Bhansali Engineering Polymers, West Coast Paper Mills, Waterbase and Asian Grantino. I also made a disclosure that I am invested in Bhansali Engineering Polymers at Rs.40 due to many fundamental reasons and the stock was pointing towards a turnaround story. Stock is now trading at Rs.77 at the time of writing this post. Yesterday moneycontrol published an article which echoed my reasons for investing in Bhansali Engineering Polymers.