Hi Kaushik Ji,
Can you kindly express your views on "Southern Ispat and Energy Limited”. Heard from someone that this is going to be multibagger in future.
Thanks,
vamsi
1. Vamsi ji southern ispat and energy ltd is a 10 rupee face value Iron & Steel/Interm.Products company in BSE group “s”
2. Southern ispat and energy ltd 52 weeks high is 48.60 at 14 Jan 2010 and 52 week low 9.90 only.
3. Once a share beaten more then 50 % from is year high then in 99 % case I think no chance to touch again 52 week high in near term and southern ispat correct near about 75% from recent year high.
4. In June 2010 promoter holding 20.58% in southern ispat and energy ltd and now (sept 2010) it is 4.21 % only so reducing in promoter stake is great negative for any counter.
5. In 8 and 10 November you see great bulk deal in southern ispat and energy ltd CLICK HERE TO SEE DATA OF THESE BULK DEAL IN BSE SITE.
6. southern ispat also plan to dilute his equity Southern Ispat and Energy Ltd at its meeting held on November 06, 2010, has the resolution of raising funds up to 100 Crores and also approved alteration of MOA and AOA for increasing of Authorized Capital up to 160 Crores of the Company.
7. So my view is negative for this stock. I have no any share of southern ispat and energy ltd.
Can you kindly express your views on "Southern Ispat and Energy Limited”. Heard from someone that this is going to be multibagger in future.
Thanks,
vamsi
1. Vamsi ji southern ispat and energy ltd is a 10 rupee face value Iron & Steel/Interm.Products company in BSE group “s”
2. Southern ispat and energy ltd 52 weeks high is 48.60 at 14 Jan 2010 and 52 week low 9.90 only.
3. Once a share beaten more then 50 % from is year high then in 99 % case I think no chance to touch again 52 week high in near term and southern ispat correct near about 75% from recent year high.
4. In June 2010 promoter holding 20.58% in southern ispat and energy ltd and now (sept 2010) it is 4.21 % only so reducing in promoter stake is great negative for any counter.
5. In 8 and 10 November you see great bulk deal in southern ispat and energy ltd CLICK HERE TO SEE DATA OF THESE BULK DEAL IN BSE SITE.
6. southern ispat also plan to dilute his equity Southern Ispat and Energy Ltd at its meeting held on November 06, 2010, has the resolution of raising funds up to 100 Crores and also approved alteration of MOA and AOA for increasing of Authorized Capital up to 160 Crores of the Company.
7. So my view is negative for this stock. I have no any share of southern ispat and energy ltd.
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