Dear Maheshji
Namaskara,
Can I have your view on Rolta , I have 80 shares @ 140 per share, should i hold the same or sell .
Please advise.
Best Regards,
B N Narayana.
1. Respected Narayana Ji, Rolta India Ltd is a 10 rupee face value Internet Software & Services company.
2. Year high of Rolta India Ltd is 196.80 year low was 84.85 and stock traded at 103.10, Year high/ low ratio is slightly higher then 2 , So for a fresh investment watch this stock and try to catch it near 70-80 when year high/low ratio is stable below 2,
New reader of my blog which not familiar with my research terms please see my research terms at this link:-
3. Promoters of Rolta India Ltd hold 51.5 %FII hold 13.36 % and DII hold 2.56%. Promoters pledged his 17.50 % stocks so in my view pledged promoters stocks is a negative point. 4.Rolta India Ltd stock have a regular dividend paying history and pay near 3.00 to 3.50 rupee dividends per year.
5. Base price of Rolta India Ltd is 90.57 So Current market price is higher then base price and I think now you understand that why I use base price? because If you check base price when you buy rolta @140, then you not buy it at a higher range.
6. No any bonus issue right issue and bulk deals is recorded in last 2 year.
7. Rolta India Ltd net sale per share of Fy 14-15 is 116.00 Net sale per share is good and it is interesting to new that I publish a recommendation of Rolta @70 on 17 Jan 2014 and my readers book profits @190 on March 15 see this past recommendation about Rolta here:-
8. Book value of Rolta India Ltd is 167.82 CMP is lower then book value so in book value concept this stock is a value buy.
9. 200 DMA of Rolta India Ltd is 118.73 So at CMP 103.10 Rolta India Ltd is traded below 200 DMA and may be more downside is remain for fresh entry.
10. Overall Rolta is a good stock only your buying price 140 is slightly high but do not worry, in my view please continue hold it and enjoy dividends in your holding time, surely you get an exit in profits. Other readers also recommended to make a fresh investment below 80
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12. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read full disclaimer at the bottom of my blog.
13.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Rolta India Ltd so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Rolta India Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Rolta India Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Rolta India Ltd). 6. I have been not engaged in market making activity for the subject company (Rolta India Ltd).