EMPIRE IND : AVOID

HELLO MAHESH JI.THIS IS NITESH,WHAT IS YOUR VIEW ABOUT THE STOCK EMPIRE IND. I WANT TO HOLD THIS SHARE FOR 15 YEAR ask bt nitesh kumar 
1. Empire Industries Ltd is a small cap diversified company with 10 rupee face value currently traded at 457. 
2. Empire Industries Ltd is a small cap company it means the total number of stocks is low so this is the main reason of company high valuation because when the total number of stocks is low then EPS is high and stock get a higher valuation . 
3. Year high of empire ind is INR 764 and year low INR 423.45 and the stock is continuing to downtrend. 
4. Promoters holding in Empire Industries Ltd are 57.46 % and DII holds 17.40 % 
5. Empire Industries Ltd gave INR 24 per share dividend last year. 
6. Empire Industries Ltd net sell is low near 280 Cr per year has only 59,99,998 share so this is the reason of high valuation and high EPS, high Dividend but at the price of 457 this is very risky to buy this stock for a long period right time to buy this stock is the year 2003 when this stock is traded at 6.30 only. 
7. In 1999 Empire Ind traded at INR 2.30 only and in 2011 stock touch INR 1010 and after that empire Ind is continuing in downtrend so I think you may avoid this stock I have many low price stocks like firstsource , Guj sidhee cement, Arvind Ltd, Blb Ltd, Manali Petro, pricol, national plastic etc which I think traded at a lower valuation and may be coming multi bagger if anyone have enough patience to hold them for some years. Visit my website for more detail or read my book to knew how to choose a multibagger stock at his lower valuation. 
8. Some of stocks which I recommended in point 7 is in my personal holdings so ask your financial adviser before investing in these stocks.