Categories

10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Please note

Note: The artciles are not research reports but assimilation of information available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I might have the dkiscussed companies in my portfolio and hence my point of view can be biased.Readers should consult registered consultants before making any investments
.

Archives : Old artciles

Wednesday, November 18, 2009

Atlanta Ltd:Future growth prospects and outlook,buy/hold/sell,analysis and recomendation/news,views and results

Scripscan:Atlanta Ltd
cmp:130
Code:532759

Story:Atlanta Limited engages in the construction and development of infrastructure projects in India. The company’s infrastructure development activities include building roads, highways, bridges, runways, docks, ports, canals, water courses, irrigation, embankment, and reservoirs. It also involves in the mining activities, such as the contract mining of coal and limestone. In addition, it invests and constructs various commercial and residential properties. The company was incorporated in 1977 and is headquartered in Mumbai, India.Just after the company"s listing in 2006,because of price rigging the Securities and Exchange Board of India (Sebi) has barred promoters of Atlanta, from selling or buying the company’s shares for alleged price manipulation.Rajoo Barot, managing director, and Sachin Jain, company secretary, feature in the list.Shares of Atlanta, which were listed on September 25, 2006, rose from its offer price of Rs 150 to Rs 1,446 on January 17 -- 681 per cent rise in 55 trading days. Sensing something fishy in the sudden spurt in its share price, the Sebi advised the NSE and the BSE to conduct a probe. The probe concluded that Manish Marwah/Dilip Nabera Group, Atul Shah Group and Nirmal Khotecha Group made large scrip purchases during the period.It also said the employees, who were allotted shares, had immediately transferred the shares through off-market transactions, to persons connected with the company.It appears that the company promoters, their strategic investors and other related entities of Marwah/Nabera group have abused the stock exchange mechanism, the listing agreement and regulations to unfairly maximise their wealth at the cost of lay investors.I penned the matter again as I consider the promoters and the management to be my biggest reason for backing and recomending a company.Atlanta with the recent market boom has moved from 30 to the the present levels of 130rs.Forget about the numbers and the prospects or the potential as if people at helms does all this horrendous and hatred stuff then how can simple investors trust the company and it numbers?Certainly the numbers can be cooked up by fraduent practices.A burnt child dreads fire,so guys you are aware whats required here.Pangs of haunting memories ought to come in the way as investors had lost crores in the counter few years ago.Exit to move on to better and safer bets.

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
 
x

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner