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its just a temp thing with the company and with this stock. there is a reason for the price to be coming down as the management and the prompters would want to up their stake at around 25 levels. this is a debt free company and inspite of the bad times they have due to the economic down turn, they have still made a divident payout... its book value is more than double its current market price. out of the rs 51 book value more than rs 45 per share is cash on their balance sheet. the company is in a great financial state, yes they are having a tough time with the bottom line since the past 3 quaters but its not going to take much to turn it around. there is a definate potential in this company and i would suggest a no brainer buy on it.... it recently saw a spurt in the price but then started coming down due to the trade 2 trade issue. i am sure that the promoters want to up their stake in the company and then this would do extreamly well to surprise and shock its critics as of now........
12.02 PM Nov 6th 2009  | Track

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