Saturday, January 5, 2013

PROVOGUE (INDIA) LTD:BOOK PROFITS

Dear Mahesh your advice on Provough India .. I am holding 9000 shares @ 13.90 . Current CMP is 13.50 . .. Kindly pass your views .. Regards Manoj
1. PROVOGUE (INDIA) LTD is a 1 rupee face value apparel company.
2. Year high for PROVOGUE (INDIA) LTD is 36.40 and year low 11.15 stocks traded at 15.55 this is not a good sign and I always unlike a stock which is down more than 50 % from his year high within a year.
3. Promoters holding in PROVOGUE (INDIA) LTD is 46.64 % FII holding 8.11 % both are normal.
4. Stock of PROVOGUE (INDIA) LTD also shows a bulk deal at 19.20 rupees so I think you may book your profits and wait a lower price to enter again.
5. I have no any share of PROVOGUE (INDIA) LTD.

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