Wednesday, September 7, 2011

Southern Ispat & Energy Ltd...promoter hold only 1.39 %

What is your opinion about Southern Ispat & Energy Ltd? I hold around 9000 shares and my average cost is Rs8/- Shall I continue to hold or switch to somme good stocks?
1. vinay ji i think you already read my 11 nov 2010 view on Southern Ispat & Energy Ltd if not read than please read it at this link
2. promoters again reduce there holding from 4.21 % to 1.39 % so now near about 99 % share hold by general public like you so i think this is still avoid for at least 2-3 year of time.
3. book value of Southern Ispat & Energy Ltd is 10.89 but due to low promoter holding it is avoid.
4. i have no any share of Southern Ispat & Energy Ltd.
5. for asking your question click here

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