Wednesday, November 10, 2010

SUDDEN JUMP ON SHAKTI PUMPS

Mahesh Ji,
Can you comment on sudden jumping of share value of sakthi pumps
Rajeev Daniel?

1. Shakti pums is an S group share in this group total number of share is very low so price easily fluctuate when any huge quantity of deal done any side.
2. Total number of share shakt pumps have 62, 22,900 and near about 49.64 % hold by promoters.
3. so general public have only 31’33’854 shares and AGM of shakti pumps will held on 21 December 2010 so I think any big change will be aspect in this AGM
4. This is not a buying recommendation my view is negative after sudden news base rising.

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