Scripscan:Adarsh Plant Protect Ltd
cmp:5
Code:526711
Story:The operations of the Company are in manufacturing of Plant Protection Equipments and also in the business of Windmill Frames and trading in Solar Energy Items.With the single product - the Plant Protection Equipments and with the income from the sale of only these Products,the margins are always under pressure;however the management has taken efforts to improve overall performance of the Company and has developed Seed Dressing Drums which has received good response.Adarsh has received some small orders in the last few quarters but owing to high costs the company has remained in losses.Its trading at its book value level which gives some comfort.Until and unless the company shows huge spike in earnings it would remain among the "average penny stock" fraternity.Promoters are decent with some vision in the eye.Anything related to agriculture would attract much attention going forward as there's hardly any listed stock to talk about.Remains a hold at present levels.
Search This Blog(Over 800 companies covered in the blog).
Archives : Old artciles
Subscribe to:
Post Comments (Atom)
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.
No comments:
Post a Comment