5 Stocks That Jumped 46% To 65% In 7-Days, Should You Buy?

Its all happening in the stock markets as liquidity continues to drive the markets in India higher. Here are a few stocks that have surged in the last 1-week. Name7-day jump in %Sadhana Nitro Chem65.21%Choice International56.51%Coffee Day Enterprises55.00%Vishal Fabrics50.60%Gujarat Mineral Development47.60% Advertisement Riding on the bandwagon can prove dangerous. Take the case of Sadhana Nitro Chem. The first quarter EPS was just Rs 0.17company. For the last 2-years the company has not paid any dividends. Now to pay Rs 111 for a company, where we are not so sure that profitability would sustain is not a good idea. We could not see dividends for Choice International either for the last few days. We all know the story of Coffee Day Enterprises as the founder is no more. Are there any buyers for the company? That remains a good question.By and large it seems that there has been speculative interest in some of these stocks. We never recommend investors to look at speculative activity. In fact, you should be an investor who does a thorough analysis of a stock before buying into the same.Avoid over exuberance and hearsay. In general even some of the fundamentally sound companies have become increasingly expensive.Are general take on the market is that they have become horribly expensive and investors need to be careful. Finding value in this market has become difficult, given that liquidity continues to drive the markets. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Investing in equities is risky. The author and his family do now own any shares mentioned above.