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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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Friday, January 8, 2010

Lok Housing & Constructions Ltd:Buy/sell/hold,growth prospects and recomendation,news and results,target price and analysis,views and outlook

Scripscan:Lok Housing & Constructions Ltd
Code: 500256
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Story:Lok Housing and Constructions Limited constructs residential townships and buildings in and around Mumbai. It constructs residential complexes, commercial centers, single storey bungalows, multistoried towers, flats, pent houses, and plush condominiums. The company was founded in 1982 and is based in Mumbai, India.Lok Housing has very big land bank in and around Mumbai acquired at very low rates.However, its share price had fallen from its all time highs due to exit of some operator and not-so-good image of the promoters. However, now some big investors/FI have accumulated large chunk of its equity.If marketmen are to be believed, company will make equity placement in next 2-3 months at Rs 70-80/ and hence, its share price is tipped to higher in the coming months.These are some rumuors/buzz which am hearing my sources.Lot of people have burnt their hands by opting for the counter in the yester years.Lok housing is only suited for very high risk apetite investors.Retired and middle aged guys stay away from it.

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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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