Today's lacklustre listing performance of Parabolic is attributed to Global Scenario. But for value buyer is good time to invest in this stock. 1. Pharma is safest in down turn. 2. Parabolic P/E is now at 13.5 at current price (67) whereas industry P/E is 23.6. 3. Check out the FY-10 results, Sales/EBIDTA/Net Profit is showing good growth. 4. New Product will launched in European Market as got permission from Euro Commission. 5. Capacity expansion will complete in next coming12 months. So each quarter you will realize benefit of that. 6. Non Antibiotic production will start from Sept 2010. 7. At least wait for FY11 Q1 results.
You can remember the listing of of Globus Spirit. After initial sold out(Mostly by Retail/Small Investor), It has given consistent performance.
So retail/Small investor shall keep patience and do not press panic button. Because it takes time to unfold a good story.
GANE GOOD NEWS FOR YOU, BROKERS HAVE DECLARED BONUS SO YOU HAVE BROUGHT ITC ,IT IS GONG TO ANNOUNCE BONUS NEXT, NEXT YEAR WAIT TILL THE PRICE FALLS RS 295 IS GREAT PRICE FOR ITC IT CAN GO TILL RS 300 AND NOW ANY TIME DOWN TREND IS EMINENT
poor parabolic drug, just got subscription to end the issue. i don't know the fate of investors who have invested in such a small company with little future