AVOID UGAR SUGAR

hello,mahesh sir,i am very impress on fundamental evaluation of stock & i regularly read your mail.last time you advice us to buy suzlone bellow 47.now its rocking.i want to your opinion on ugar sugar work for long term view i am hong it since last 2year.thanks ask by prkash N rawal

1. Ugar sugar works ltd is a 1 rupee face value share so at currant price 16 this share is not available at cheap price if we compare CMP 16 to 10 rupee face value share then it is 160

2. promoters hold 46.65 percent share promoter holding is normal in this company.

2. Ugar sugar works ltd is an Indonext Scrip. means small scale company .

3. ugar sugar works is a loss making company

4. year low of ugar sugar ltd is 13 and year high of ugar sugar ltd is 22.50.

7. so i think your stock is not fundamentally sound with indonext group and low face value of 1 rupee with a risky sector so I do not like this share.

8. i have no any share of ugar sugar ltd.