Nahar Capital & Financial Services Ltd:Buy/hold/sell,analysis/target price/results

Scripscan:Nahar Capital & Financial Services Ltd
cmp:47
Code:532952

Story:In a bullmarket,you will come across several inventive variants of a sob story.Something just like "One my relatives made tons of money in the stock market. He had a friend who worked for a big operator. Every time he bought a stock,it doubled within a month.I was tempted to go along, and the next time he bought a stock,I bought it too. That stock doubled. Then I sold some jewellery,took an advance against my provident fund and put it all into the next stock he recommended. This time, the stock went down.I waited for a year hoping the price would recover.Finally after I'd lost 75 per cent of my capital,I sold.Oh,and my idiot relative too lost a packet!" It's easy to lose big money in a bull market.Prices are inflated, the financials of "hot picks" are often dubious,everybody has sure firekhabar.Above all, many bull market participants tend to be inexperienced and sometimes arrogant; and they tend to get drunk on success. When prices fall, most of them lack the discipline to admit they've made mistakes and exit with dignity.Nahar Capital & Financial Services Ltd has neither an inspiring business model nor the business prospects looks robust.Stagnant financials,lame management,lack of commitmnet towards minority shareholders all goes against it.Anyways hers a tip by an operator,he forsees 70rs target for Nahar Capital & Financial Services Ltd in the next 1-2 months.The company is quoting at around 47rs now,so if he proves rite the jackpot is here for you folks.Else to be at the safer hand I have already mentioned the story above.So decide accordingly.