Scripscan:Hindustan Motors Ltd
Cmp:25
Traded in:Nse-bse
Story:Landbank buzz vaulted hind motors to new heights,hind motor skyrockets to new high on land bank stuff.Some months ago these sort of news was one of the prime highlights which swayed people to invest their money in the counter.Now forget land bank as recession and softening of realty prices are going on,so whats in store of our very own Hind motors?The answer lies here itself.Would you buy an ambassador of hind motor or you would prefer a hyundai santro or even a maruti swift or an accent?The company is reeling under severe pressure with stiff competition,high input costs,labour problems etc.Who would bother to buy a CD of Santosh brand in lieu of the samsung one?That impeccably defines the condition of hind motors.India has got a population of over 115crs, 54% of the population being youths with modern and newer tastes.They would never even give a thought of owning something from hind motor.With all the above points, I expect hind motor to be a market underperformer.Fine with news like restructuring of operation,development of land bank,jv with a new partner can spirallise the stock but to me that would only be an oppurtunity to capitalise and exit.Also market may move up after consolidating a bit and with that many road dogs and hounds would move bigtime.Hindmotor wont be any exception too but it would be your duty to segregate the hounds from the roaddogs.So many better bets are available why to meddle with hind motor?.Everything old is not gold,isnt it folks?
Regards,
ARUN
I can be reached at:arunanalyst@rediffmail.com
Search This Blog(Over 800 companies covered in the blog).
Archives : Old artciles
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.
