Scripscan:Maximaa Systems Ltd
cmp:14
Code:526538
Story:MaxiMaa Systems Limited engages in designing, manufacturing, and installing steel furniture and industrial storage systems in India. Its products include heavy duty racks, drive-in-storage systems, slotted angle racks, mobile storage systems, pallets, filing cabinets, display racks, and stainless steel products. The company also offers industrial and office furniture, such as pigeon hole cabinet, store well, industrial locker, personal locker, library cabinet, book case, and utility tables, as well as domestic furniture. In addition, it involves in trading steel/stainless steel; and software development and business process outsourcing activities. The company was founded in 1991 and is headquartered in Valsad, India.Its quarterly sales revenues were Rs5.2 crore in December 2011, Rs4.32 crore in September 2011, Rs5.52 crore in June 2011, Rs6.44 crore in March 2011 and Rs4.28 crore in December 2010. Its quarterly operating profit figures have been miniscule at Rs67 lakh in December 2011, Rs57 lakh in September 2011, Rs51 lakh in June 2011, Rs94 lakh in March 2011 and Rs60 lakh in December 2010. The share price movement is a joke on the capital market system, BSE and SEBI. The share price has risen 2,851% from Rs0.51 on 27 August 2010 to Rs15.05 on 28 February 2012. The price-earnings ratio is more than 100 times.A blind sell at present levels.
Source:ML
cmp:14
Code:526538
Story:MaxiMaa Systems Limited engages in designing, manufacturing, and installing steel furniture and industrial storage systems in India. Its products include heavy duty racks, drive-in-storage systems, slotted angle racks, mobile storage systems, pallets, filing cabinets, display racks, and stainless steel products. The company also offers industrial and office furniture, such as pigeon hole cabinet, store well, industrial locker, personal locker, library cabinet, book case, and utility tables, as well as domestic furniture. In addition, it involves in trading steel/stainless steel; and software development and business process outsourcing activities. The company was founded in 1991 and is headquartered in Valsad, India.Its quarterly sales revenues were Rs5.2 crore in December 2011, Rs4.32 crore in September 2011, Rs5.52 crore in June 2011, Rs6.44 crore in March 2011 and Rs4.28 crore in December 2010. Its quarterly operating profit figures have been miniscule at Rs67 lakh in December 2011, Rs57 lakh in September 2011, Rs51 lakh in June 2011, Rs94 lakh in March 2011 and Rs60 lakh in December 2010. The share price movement is a joke on the capital market system, BSE and SEBI. The share price has risen 2,851% from Rs0.51 on 27 August 2010 to Rs15.05 on 28 February 2012. The price-earnings ratio is more than 100 times.A blind sell at present levels.
Source:ML
