6.2. Septa| Link| Bookmark|
August 22, 2015 11:43:53 AM
(4000+ Posts, 4600+ Likes)
"As this IPO below is Rs. 250 crore, it will attract "T" tag for the initial listing period that will keep short term investors away from it. However, it appears to be a safe long term bet and investors may consider investment." This what Davad said quote unquote
The more I read more I like this stock They manufacture products in 4 major verticals 1.Dye Intermediates with zero wastage 2. Acid Complex. 3. Cattle Feed Supplement 4. Fertilisers. All in demand verticals I will apply for sure this stock
This one is interesting from what I have read it looks interesting given the industry and its then again 70cr is the issue size they could easily got PE funding then why go u pic and be under the watch of NSE SEBI.
If this company is so good why it is having working capital issue and why it could not fix its WC issue
I was wrong no WC capital issue read so many Red herring I sometime get confused funds will be used to build a new factory and godown and better storage which will increase revenue which is big positive