Wednesday, March 2, 2011

POSITIVE ON DECCAN CRONICAL HOLDINGS LTD


Mahesh Ji,
Please give your view on deccan chronicle
Rajeev

1.DECCAN CHRONICLE HOLDINGS LTD is a 2 rupee face value publishing company.
2. promoter holding of DECCAN CHRONICLE HOLDINGS LTD is 63.37 % and I think you knew I always take higher promoter holding as a positive point.
3. DECCAN CHRONICLE HOLDINGS LTD have a continue dividend paying history and a member of BSE 500 index.
4. book value of deccan cronical is 51.67 so currant price 60 is not bad for fresh buy.



5.Deccan Chronicle Holdings Ltd Board of Directors has approved a Scheme of Amalgamation for merger of company's wholly owned subsidiaries viz., Deccan Chargers Sporting Ventures Ltd.; and Odyssey India Ltd. with itself under the provisions of Sections 391 to 394 of the Companies Act, 1956
6.. so my view is positive for deccan chronicle ltd. I have no any share of deccan chronicle ltd.

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