Scripscan:Action Financial Services (I) Ltd
cmp:38
Code:511706
Story:Action Financial Services (India) Limited engages in the capital market related activities in India. The company offers currency, derivatives, and retail and institutional equity broking services to clients for investment in primary markets through mutual funds and IPOs through its Website.It also provides depository participant services.Company marketcap is 40crs and indulges in a business where their is cut throat competition and nearly nil profit margin.This company with 25 employees hardly generates any profits or revenues to talk about.40crs marketcap under the present environment is just too mind boggling for a company with nothing.Sell at the earliest and move on to a better sector.
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