Saturday, May 8, 2010

AVOID:INTERFIT TECHNO, VERY RISKY


Dear SIr,
I request you to please have your views on Interfit techno products
Warm regards
kishor barhate

1. interfit techno is a 10 rupees face value former penny stocks I think this is a castings and forgings company ( may be make steel pipes)and all forgings company run very fast due to auto sector rally but this is time to avoid completely auto and forgings sector .
2. Currant price is 17 and year high 21.80 but it year low is 1.64 only so this share already give 1000 percent return in a year but now it is very risky to buy this former penny stock..
3. Promoter holding is 67.06 percent is very good promoter holding.but I still afraid to see it year low 1.64 only.
4. This company never gives dividend.
5. Book value of this share is 0.64 so it is not a value buy share traded 30 times high on his book value so I warn my blog readers that interfit techno is very risky share.
6. My holding is zero in interfit techno.
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