Scripscan:Arihant Capital Markets Ltd
cmp:24
Code:511605
Story:Arihant Capital Markets Ltd., Research Division is an equity research firm. It also engages in mutual fund, IPO, commodities, and derivatives research. The firm covers undervalued, mid-cap, and large-cap companies. It seeks to provide research on entry and exit strategies, sector, and economic outlook. The firm caters to institutional clients. It employs quantitative, qualitative, thematic, top down, fundamental, and technical analysis to conduct its research..Net profit of Arihant Capital Markets declined 85.63% to Rs 0.24 crore in the quarter ended December 2011 as against Rs 1.67 crore during the previous quarter ended December 2010. Sales declined 47.22% to Rs 6.46 crore in the quarter ended December 2011 as against Rs 12.24 crore during the previous quarter ended December 2010. Future solely depends on how capital markets will perform.Even if one believes in the potential of the sector then its best to stick with the sectoral leaders.
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