Look at q2 results. Extremely bad results.
It posted again huge loss in second qtr.
Looks Q2 results and half yearly results.
It will drop to Rs25-30 level.
here is announcement..
Moser-Baer (I) Ltd has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 99044 lacs for half year ending on 30-SEP-2009 against Rs. 107124 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. (4578) lacs for the half year ending on 30-SEP-2009 against Rs. (14582) lacs for the half year ending on 30-SEP-2008
I see it the other way.The loss are reducing t oa great extent. Certainly in the next quarter they will come out of the losses. Now is the time to simply accumulate. Green energy is going to be future. Stay if you are investor. Donot spread rumours.