Hello Mr Kaushik,
I want to know how good will it b for us to invest in maytas at this point of time.
Congress have come into power and there is a huge stake of AP's Cheif miniters son in Maytas(I have heard this from somebody... may not be true).
So is it wise to invest a good amount in maytas at this time.
thanks and regards,
Charlie chugh ( ask by e mail)
1. Many government projects related to irrigation as well as oil, power, building, etc in states like Andhra Pradesh, Maharashtra, Jammu and Kashmir have been awarded to the maytas infra ltd.
2. Maytas Infra ltd has asked the government not to withdraw the projects, which was awarded to it
3. Maytas Infra has written to the Corporate Affairs Ministry urging for government agencies' support that have allotted various projects to it.
4. The Company Law Board (CLB) has passed an order on Maytas Infra to allow widely held representation of the government representatives on the board. However, CLB has directed four government candidates to position on the Maytas Infra board. Besides, one among these four directors will be the Chairman of the board.
5. The CLB has said the Maytas Infra board cannot go by any decisions nor meet without at least two government nominees.
6. It is to mention that in March 2008, junior Reddy (YS jagan mohan reddy) had launched a daily newspaper with its 23 editions.
7.The whispers say that CM's son media company, Jagathi Publications (P) Ltd was funded by many corporate houses like India Cements, the Lanco group, Aurobindo Pharma, Matrix Laboratories, Karvy, Pioneer Infrastructure and Tanla Solutions Ltd etc including maytas infra.
8. P/E of maytas infra is 4.5 and book value is 110 and company traded near about 77 so we think if you should invest this company in next few year you make a decent return (please remember in view of satyam fraud this investment may be risky so please read disclaimer before investing and analyzing your risk profile and as per your risk capacity you may follow a strict stop loss of 57)
2. Maytas Infra ltd has asked the government not to withdraw the projects, which was awarded to it
3. Maytas Infra has written to the Corporate Affairs Ministry urging for government agencies' support that have allotted various projects to it.
4. The Company Law Board (CLB) has passed an order on Maytas Infra to allow widely held representation of the government representatives on the board. However, CLB has directed four government candidates to position on the Maytas Infra board. Besides, one among these four directors will be the Chairman of the board.
5. The CLB has said the Maytas Infra board cannot go by any decisions nor meet without at least two government nominees.
6. It is to mention that in March 2008, junior Reddy (YS jagan mohan reddy) had launched a daily newspaper with its 23 editions.
7.The whispers say that CM's son media company, Jagathi Publications (P) Ltd was funded by many corporate houses like India Cements, the Lanco group, Aurobindo Pharma, Matrix Laboratories, Karvy, Pioneer Infrastructure and Tanla Solutions Ltd etc including maytas infra.
8. P/E of maytas infra is 4.5 and book value is 110 and company traded near about 77 so we think if you should invest this company in next few year you make a decent return (please remember in view of satyam fraud this investment may be risky so please read disclaimer before investing and analyzing your risk profile and as per your risk capacity you may follow a strict stop loss of 57)
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