Monday, September 28, 2009

RADHA MADHAV : MARKETPERFORMER ONLY


Hi, Could you please give your opinion on Radha Madhav Corp. Thanks
Ask by AG (question sender not disclose his full name)
1. Radha madhav ltd (RMCL) Promoters holding are 22.58 percent low promoter holding.
2. But FII hold 5.69 percent and FCB (foreign corporate bodies) hold 23.04 percent in this share s this is a foreign investor’s driven share.
3. This is a loss making company June 2009 quarter net loss of radha madhav is -94.23
4. Equity capital of radha madhav is very high 325.38 million and this mean total share of value industries is 32.538 million this huge quantity of share diluted EPS and generally when equity capital is high share rise slowly due to simple demand and supply concept.
5. Book value of RMCL is 43 high book value means a positive fundamental.
6. Overall I think if this is a low promoter holding and high equity capital scrip perform only if market rally continue. this is a loss making company and not in up trend
7. Remember in this rally good stocks turn 4-5 times from his year low but radha madhav turn only 2-2.4 time from it year low near about 8 so I think this is only market perform and not perform well in this rally

THIS ANALYSIS IS MAHESH CHANDER KAUSHIK OPINION ONLY NOT A PROFESSIONAL ADVICE SO READ DISCLAIMER BEFORE TAKE ANY ACTION.
SENT YOUR SHARE QUERY TO mckaushik00@yahoo.co.in FOR A FREE ANALYSIS ON THIS BLOG.
PLEASE SENT ONLY ONE QUESTION AT A TIME.

Matched Content

My Youtube Channel

Blog Archive

हिन्दी वेबपेज आफ महेश कौशिक डाट कोम

Google+ Followers