Wednesday, May 30, 2012

WINDSOR MACHINES LTD:AVOID

I want to buy windsor Machine around 11  What is your advise? ask by shri deepesh ji

1.WINDSOR MACHINES LTD is a 2 rupee face value stock and WINDSOR MACHINES LTD recently spilt from 4 rupee face value to 2 rupee face value at 17.06.2011 and company also make a reduction in his share capital, reduction in share capital is positive in long term.
2. promoters holding in WINDSOR MACHINES LTD is 74.79 % which is good.
3. year high of WINDSOR MACHINES LTD is 32.40 and year low 10.65 so this ration is more than 2 in my theory of investment this ratio is a negative ratio it means stock may not give you decent returns in coming 1-2 year.
4.this is a sick company and as per BIFR order rearrange his equity capital for more detail download read and this BIFR documents from BSE site
http://www.bseindia.com/xml-data/corpfiling/AttachHis/Windsor_Machines_Ltd1_070611.pdf
5. so overall it is not wise to invest in a sick unit
6. i have no any stock of windsor machines ltd.

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