sir my broker tell me for invest in VARUN SHIPPING so pls tell me about VARUN SHIPPING it is good script to invest and what is your look about this script????????(¨`•.•´¨) Always
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Huzaifa
1. VARUN SHIPPING CO.LTD is a 10 rupee face value shipping share.
2. 52 week high of VARUN SHIPPING CO.LTD is 51.45 and 52 week low is 25.35 now available at 29.
3. Promoter holdings in VARUN SHIPPING CO.LTD Are 39.94 % and they reducing their holding from 41.11% I think this is a negative point.
4. Varun Shipping Company Ltd not declared his March 2011 result they informed BSE that the Company will be submitting / publishing audited financial results for the financial year ended March 31, 2011 within sixty days from the end of the financial year and accordingly, will not be publishing the unaudited financial results for the quarter ended March 31, 2011. I think “ dal me kuch kala hai” ( in English something is wrong)
5. Book value of VARUN SHIPPING CO.LTD is 54.48 so current price is a value buy
6. So overall my view is slightly negative for VARUN SHIPPING CO.LTD
7. I have no any share of VARUN SHIPPING CO.LTD and I think you may consider shipping corp. of India instead of varun shipping ltd.
Overall Shipping is always a long term bet. If investors have a patience, I suggest Shipping corporation is value buy. It is available near to its book value. Very good dividend paying company,
ReplyDeletedo you agree maheshji ?
yes, i agree and like SCI i think it is a good long term investment
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