Earlier the face value was Rs 100 and during 2008 it was split to Rs 10. Now you must be holding shares by 10 fold of what you had in the year 2008. your cost price in that case is Rs 300.Please check.
But as i checked in company info..there is no split of bonus share..please advice..even my account is showing same shares count when i had bought. Please clarify.
Hello
I will check and let you know. One of my friend told me it was Rs 100 share earlier and now it is Rs 10. I remember having read this some where. Please give me time to recollect.
tunga
I think this will not move from here too much because there are other companies in the same business who will do well like Voltamp and indo Tech transformers. This company is a gone case. Exit and invest elsewhere.
Dear readarticle
I had to clarify certain doubts which is cleared in the last two three sessions.
The only attraction was the small capital base and the dividend.
In the recent balance sheet the performance and the future is clear to me.
I feel with the present activities of the company and the strengths of the competitors it is difficult to maintain stock price. As per the present trend I felt the returns may be less in this counter for a span of 5 years.
It is just my view and opinion. I don`t advice and recommend any one to follow me.
Hello malav16982
I don`t know what is wrong with this company. They are not making any attempts to improve the company performance by diverting to other field. There was a time when few where manufacturing lifts, step motors, motors transformers. Now there are many in the field.
I think some old share holders must have sold the shares for this fall.
I sold all the shares and squared the loss with some other.
The stock was split to FV 10 in 2005, after that also the price had gone to more than 3500-3600, investors are still holding shares bought at that price, presently with all adverse conditions there are generally more buyers than sellers, once the profits start picking up the stock will stock rising satisfactirilly.
| NIFTY 
