Saturday, December 8, 2012

CLASSIC DIAMONDS (INDIA) LTD

Mahesh Ji, I hold some amount of Classic Diamonds. Please let me have your opinion about it. ask by Rajiv daniel ji 1.CLASSIC DIAMONDS (INDIA) LTD is a 2 rupee face value stock traded at 4.76 
2. Year high / year low for CLASSIC DIAMONDS (INDIA) LTD is 8.78 and 3.31 so as my criteria of stock selection ( which we already discuss on www.maheshkaushik.com ) this type of ratio is not good for making fresh investment.
 3.Promoters holding is 63.32 % but promoters reduce there holding in every quarter so this is also negative. 
4.CLASSIC DIAMONDS (INDIA) LTD not give any dividend after 2010.
 5. So my view is negative for CLASSIC DIAMONDS (INDIA) LTD i have no any share of CLASSIC DIAMONDS (INDIA) LTD.

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