Tuesday, August 23, 2011

NB Ventures - Sell

Nava Bharat Ventures Ltd., which is into sugar, ferro alloys, power generating and lately ventured into mining, has also taken a beating with its shares closing the day's trade lower by Rs 17 to close at Rs 175.55 (previous close of Rs 192.55)

Time Span Price Change %Change
Today 175.55 -17.00 -8.82
Week 200.85 -8.30 -4.13
Month 219.55 -27.00 -12.29
Three Months 230.05 -37.50 -16.30
Six Months 256.00 -63.45 -24.78
One Year 363.85 -171.30 -47.07

Our recommendation :

With on going investigations by CBI the companys management will be under cloud and is likely to be a non performer in the short term. Long term investors can buy the scrip if it falls to 125 levels though.

Bought to you by

Ingenious Investor
Equity Research Division

Ravina Consulting
Pattamal Plaza
3rd Cross Kamanahalli
BANGALORE 560084

For Free Stock Advise + Ideas
sowmya@ravinaconsulting.com
Talk / SMS 08105737966

Read - www.ingeniousinvestor.blogspot.com
Follow us - www.twitter.com/smartinvestor

No comments:

Post a Comment