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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.

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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.

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Saturday, November 7, 2009

Zenu Infotech Ltd:Buy/hold/sell,latest news/results/analysis

Scripscan:Zenu Infotech Ltd
cmp:40
Code:531364

Story:Zenu Infotech Limited provides solutions for service provider customers. It offers WBT products that enable the delivery of revenue-generating services directly. Zenu Infotech serves local, regional, and long distance service providers. The company, formerly known as Priti Resorts & Holdings Limited (PRHL), was founded in 1992 and is based in Mumbai, India.So honestly it has no meaningful business worth talking about.In the quarters ending march 2009, june 2009 and September 2009, the company posted sales of around Rs7-11 lakh each and an net profit of Rs4 lakh, Rs2 lakh and Rs1 lakh, respectively.But BSE-listed companies like these are ripe for manipulaion. The stock has zoomed a humungous 500% in the last three months. Neither the regulator nor the BSE appear concerned.Simple gullible retail investors would get lured by the rise and inevitably with every manipulated upper circuits the greed would inch up only to see the nosediving of the counter to its deserved level after a while.Folks rather than blaming stock markets blame yourself for your losses.

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Posted by arun at 2:14 AM

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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.
 
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