This stock has been around in the markets for a while without really participating in the way it is actually supposed to participate. i am tired of seeing this stock not participating in any of the rallies in the past 2 years or so. only recovery from exteme lows of 1,000 was seen and again after bad results, the stock is languishing. there is no brokerage rating, nobody talks about it on TV or shows or whereever, very thin market float. no volumes, no bonus, no news flow, what is the point in buying these type of stocks if there is no steady returns and movement in stock price.
but we still know this is an uncut gem. but when will it move? can anybody answer?
Hold this stock atleast for one more year. India`s agriculture output is bad. Real bad (If you see food inflation). Next year the will be a lot of sowing. Lots of seeds and fertilizer will be bought.
This company is a monopoly and has a very aggressive marketing.
yes but unless the company issues bonus, the liquidity situation remains pathetic. no point in investing in such gr8 companies if the management does not understanding the basic market dynamics which will create share price appreciation. div. of 10/share is also very low. sales hit saturation point. next 2-3 years the sales and bottom line due to this very reason will remain sluggish and then once again the company will start seeing growth in terms of revenue and bottom line. dividends will not attract investors as its yield is very low.