LAKSHMI ENERGY AND FOOD LTD:look sound but negative

Dear Maheshji,
Thank you for posting such a nice briefing
I have Lakshmi Energy & food scripts. Kindly, give your valuable thoughts on this script as it was offering buy back in past also, but till date nothing has worked out.
Expecting your valuable thoughts.
Regards,
ASHISH NAIK
1. Lakshmi energy and food ltd is formally known as lakshmi overseas industries ltd BSE code for this script is 519570.
2. Lakshmi energy and food ltd (lakshmi overseas ltd) is a 2 rupee face value share currently traded at 48 so price of lakshmi overseas ltd is near about 240 if we convert it for 10 rupee face value.
3. 52 week high for lakshmi energy and foods ltd is 152.90 and 48.20 is 52 week low.
4. Book value for lakshmi overseas ltd is 102.28 so it is a vale buying at CMP
5. Lakshmi energy and food ltd is basically a rice company but company use rise husk for making power, lakshmi energy and food ltd is setting up a power plant of 30 MW capacities. This plant will use 100% captive husk to generate 30 MW power. The power plant is going to be the first of the four plants company will install. Total generation capacity will be 105 MW in 3 to 4 years.
6. Promoter holding 44.97 % and FII holding 12.59 % in lakshmi energy and food ltd.
7. So fundamentals is good for lakshmi energy and foods ltd but I still worry to see this company valuation and share price negative pattern so I think this share may give price of 58-65 in upper side if market run from here, but I do not aspect multiple return from this script and my view is negative for this script even if good book value and other fundamentals because I think technical pattern and business model of this script is not very sound.
8. I have no any share of lakshmi energy and foods ltd.