ALEMBIC LTD

Dear Sir,
Please give your view on alembic ltd Stock and could you tell us on
1.what basis the stock split take place.
2. Right Issue.
Regards
Sunil
1.ALEMBIC LTD is a 2 rupee face value pharmasuticules company.
2. year high of ALEMBIC LTD is 39.10 at April 2011 and now stock traded at 22 near his year low of 17 at 24 June 2011 so this is a negative point where a stock correct near about 50 % from year high within 3 months it show end of speculation rally.
3. book value of ALEMBIC LTD is 21.66 but this is old book value before demerger of pharma arm.
4.promoters holding in ALEMBIC LTD is 63.48 % FII holding 9.68% which is good.
5.Alembic Ltd  have fixed April 14, 2011 as Record Date to ascertain the eligibility of the shareholders of Alembic Limited to receive the equity shares of Alembic Pharmaceuticals Limited as per the Scheme of Arrangement ,The Equity Shareholders of Alembic Limited will be allotted 1 (one) equity share of face value of Rs. 2/- by Alembic Pharmaceuticals Limited against every 1 (one) equity share held by him in the Company. so at currant price if you hold alembic ltd that you have not benefited from pharma arm.
6. for more information about stock spilt and right issue read this articles
http://sharegenius.blogspot.com/2009/10/bonus-issue-gives-only-psychological.html
7. i have no any share of alembic ltd.