DPCL(Dhunseri Petrochem & Tea Limited):GOOD

Dear Mahesh sir,

What is your view on Dhunseri Petrochem & Tea Limited (indonext script) company for buying at current levels (~110)?

Regards,

ask by Killivalavan ji

1. sorry for very late reply due to my wife sickness and some trouble in my life.now she is ok and every thing is ok.

2.Dhunseri Petrochem & Tea Limited is a 10 rupee face value fiber and plastic indo next company. company is also deal with tea business.

3.Year high of Dhunseri Petrochem & Tea Limited is 169 and year low 100 stock traded at 114

4. Dhunseri Petrochem & Tea Limited have a subsidiary in Singapore.

5. promoters of Dhunseri Petrochem & Tea Limited hold 63.48% and FII hold 6.60 % i think this is good.

6.last four year company have good divided story from 2 rupee to 4.50 rupee per year so overall i think currant level is a good buying but exit above 150 or below 90 ( stop loss is must in indo next script)or exit slowly in range of 150-200. because indo next script may be loss his steam any time if equity dilutions news is come.( indo next stocks have low equity and small to medium scale business companies so when promoter plan to dilute his equity these stocks will easily down at a very low price.)

7. i have no any stock of Dhunseri Petrochem & Tea Limited.