Unfortunately, shareholders would make any benefit out of this kind of business opportunity, only if the management or management style changes!

At current price of Rs 38, stock is valued at a market capitalization of Rs 86 Crores. Company is still making losses due to heavy interest burden. Large exposure is not advised as it belongs to high-risk high-reward category.

Report prepared by Research Team, Equity Intelligence India Private Limited

www.equity-intelligence.com porinju@vsnl.com

Disclosures

The authors may have held / hold the above-mentioned securities in their personal accounts or on behalf of the clients. The information contained has been obtained from sources believed to be reliable. While taking utmost care in making the report, the authors or the company does not take responsibility for the consequences of the report. All investment and information and opinion are subjected to market risk.

 

Home