had invested my hard earned money in Elder Pharma as it seemed to be undervalued but greatly disappointed to hear that the company management has been guilty of wrong accounting practises and manupilation of share price.Only thing left for me to do is get out befor it becomes more murkyu
I too had invested in Elder with a long term view but got out at 290 just before recent spurt of volatility. Will certainly not invest in company with dubious accounting practice especially when it itself is doing nothing to counter it or give the true picture. May get in later if situation becomes clear and the accounts are ok.
| NIFTY 
