Scripscan:Tamboli Capital Ltd
cmp:25
Code:533170
Story:The company is an investment holding company having investments primarily in Tamboli Castings Limited,the wholly owned subsidiary of the company and in financial instruments. The company's subsidiary is engaged in manufacturing of Investment Castings with in house facility of CNC machine shop.The profitability of the company is linked to the performance of the said investments.The reversal of recessionary trend in Europe especially in Germany did go through and augured well for the company and its markets. The company and its subsidiary have performed better than last year. There is a threat on the margins in the present scenario as the raw material and oil prices are uncertain.Its a nothing company actually to bark much.Stock price would follow the financial performance of its subsidiary.
cmp:25
Code:533170
Story:The company is an investment holding company having investments primarily in Tamboli Castings Limited,the wholly owned subsidiary of the company and in financial instruments. The company's subsidiary is engaged in manufacturing of Investment Castings with in house facility of CNC machine shop.The profitability of the company is linked to the performance of the said investments.The reversal of recessionary trend in Europe especially in Germany did go through and augured well for the company and its markets. The company and its subsidiary have performed better than last year. There is a threat on the margins in the present scenario as the raw material and oil prices are uncertain.Its a nothing company actually to bark much.Stock price would follow the financial performance of its subsidiary.