yes, 238 bids made by QIB. IMo the company has good future as only two machine tool company in india give total solution with automation First one Jyoti CNC and Marshal. also most of machine tool companies are expected to give good quarter...
good company, i have studied business of the company. PAT increased drastically as Business of all machine tool companies this yeas are far better than previous year.
*ACTION BY MAJOR PLAYERS OF MACHINE TOOLS INDUSTRY AGAINST MALPRACTICE BY MARSHALL MACHINES LIMITED*
TODAY MAJOR PLAYERS OF MACHINE TOOLS INDUSTRY OF INDIA VIZ. ACE DESIGNERS, GALAXY MACHINERY, MACPOWER CNC, JYOTI CNC, J.V.EXPORTS ETC, WHOSE MARKET SHARE IN MACHINE TOOLS INDUSTRY IS AROUND 90% TO 95% IN THEIR SEGMENT, HAS DRAWN ATTENTION OF SEBI, ROC, NSE AND OTHER CONCERN AUTHORITY ON MISLEAD/PARTIAL INFORMATION PUBLISHED IN DRAFT PROSPECTUS AND PROSPECTUS FILED BY MARSHALL MACHINES LIMITED, WHICH AS PER THEM IS PUBLISHED JUST TO GAIN ATTENTION OF OTHERS AND TRY TO DEFAME THE IMAGE OF ALL COMPANIES IN THE MARKET. THEY HAVE HIGHLIGHTED ABOUT THE WRONG INFORMATION MENTIONED IN THEIR PROSPECTUS ABOUT INTERIM ORDER FROM COURT AGAINST THESE MANUFACTURERS TO STOP THE MANUFACTURING OF PARTICULAR MACHINE MODEL, WHICH IN ACTUAL HAS NOT HAPPENED. THEY HAVE ALSO HIGHLIGHTED THE FALSE AND NEGATIVE INFORMATION BEING CIRCULATED IN SOCIAL MEDIA , TO INVESTORS, ALL MANUFACTURERS ARE STRART INVOLVING THEIR LAWYERS AND THINKING TO TAKE LEGAL ACTION AGAINST THIS MALPRACTICE
have received abv forwarded msg , so check its correctness before any decision