Joined: 12/Jun/2008
Location: India
Online Status: Offline
Posts: 21
Posted: 09/Jul/2008 at 4:28pm
after split & bonus 2+ years back the share was around 1200.after that there was big rallies but it only underperformed. they are not aggresive in approach.its a safe company with honest mgt. but in terms of share appreciation i have my reservations .but i am aware u are intelligent investor so u also must be seeing something good going future.
Joined: 02/Oct/2007
Location: India
Online Status: Offline
Posts: 2037
Posted: 09/Jul/2008 at 5:46pm
The company is spending a lot of money on its Hariyali retail biz. And recoveries will take time. According to the management, it will start making money in about two years' time.
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