Hello Mahesh ji,
Is it good time accumulate Jaypee Infratech and BHEL. Both stocks are 52 week low. Please provide your valuable advise.
Regardhan
Goverdhan.
1.Jaypee Infratech Ltd is a 10 rupee face value construction company.
2. Year high of Jaypee Infratech Ltd is 58.60 Year low 14.45 and stock traded near year low @ 17.70 so i dislike this type of trading pattern.
3.Promoters of Jaypee Infratech Ltd decrease their holding in company from 83.27% to 71.75 % , so reducing promoters holding is a very negative sign for a stock,
4.Jaypee Infratech Ltd regularly pay dividends but my view is negative for Jaypee Infratech Ltd due to reducing promoters holding and more then 50 % fall from year high.
5.I have no any share of Jaypee Infratech Ltd.
6.Recommended readings:-
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Free PDF books on stock market
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