mlvk said...
Dear Mahesh sir, please share your opinion on jai corporation. It has good Fii and promoter holding and low debt company. planning to invest and hold for next 2-3 years. let me know if its good to invest now.
1. JAI CORP LTD is an iron and steel company but face value of JAI CORP LTD is only 1 rupee so i think CMP 74 is very high ( in comparison of 10 rupee face value stock it is 740).
2. Book value of JAI CORP LTD is 153.08 so this is a good point.
3. Promoter holding in JAI CORP LTD is 72.99 % which is good.
4.But year high of JAI CORP LTD is 229.25 year low 67.95 and when a stock correct more than 50 % within a year than my formula is "avoid this type of stock for next one year"
5. So all other things is positive but i think you may wait one more year for fresh buying, i have no any stocks of JAI CORP LTD.
No comments:
Post a Comment
please remember for preventing spam comments moderation is enable for this blog so your comments will be publish after approval of Mahesh chander kaushik