JAI CORP LTD:WAIT FOR FRESH BUYING
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.
हिन्दी वेबपेज आफ महेश कौशिक डाट कोम
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