Scripscan:Evinix Accessories Ltd
cmp:2
Traded in:Nse-bse
Story:There would always be some listed penny stocks which would hog the limelight every often reason being active participations of some smart short term penny stock hunters.One such scrips which come to my mind is Evinix Accessories Ltd.The company's principal activity is to design, manufacture and market fashion accessories and apparel.It plans to enter into retail business by launching retail chain of 125 stores across the country under the brand name CUT by December 2009.CUT is an abbreviation that stands for Comfortable, Urban and trendy.The company's stores will house 40 brands under one roof. Out of the 40 brands, 8 will be licensed brands and 32 will be global brands. CUT will provide a unique store experience especially to youngsters in the age group of 18-35, Evinix said.But these appreciable stuffs hardly matters in a bear market,Forget fundamentals,forget promoters its a counter meant for people who can buy at below 2 only to exit at 3 odd.Hell 50%+ returns under the present environment is enormous and am sure lot of guys would want to avail the moolah.It certainly posses lot of risks,scrip may well nosedive to cheaper levels but again one needs to take a chance.Risk averse investors forget about it but one with risk taking ability can certainly go for the penny stock.So buy Evinix Accessories Ltd at your risk for hefty returns in the short term.
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