Sunday, June 2, 2013

GUJARAT SIDHEE CEMENT LTD @ 23

1.GUJARAT SIDHEE CEMENT LTD is a 10 rupee face value cement stock. 
2.GUJARAT SIDHEE CEMENT LTD recommended 1 rupee per share dividend this year. 
3.Promoters holding in GUJARAT SIDHEE CEMENT LTD is 35.70 % FII holding 0.06 % DII hold 2.49 %. 
4. Actually this is a same story of singer india ltd read singer india view at 
http://sharegenius.blogspot.in/2013/06/book-your-250-profit-in-singer-india-ltd.html 
5. Singer india and gujarat sidhee both were sick units due to his high debts and both reduce his share capital for repaying debts in this order gujarat sidhee reduced the paid up share capital of the Company by 75% from Rs. 144,61,54,080/- consisting of 14,46,15,408 fully paid up Equity Shares of Rs. 10/- each to Rs. 36,15,38,520/- consisting of 3,61,53,852 fully paid up Equity Shares of Rs. 10/- each as approved by the Hon'ble Board for Industrial & Financial Reconstruction (BIFR). 
6.This reduction in paid up share capital reduce quantity of total share and make gujarat sidhee a debt free stock. 
7. So my view is positive for gujarat sidhee.
8. I hold 75 share of GUJARAT SIDHEE CEMENT LTD.

Matched Content

My YouTube Channel

Google+ Followers

disclaimer:-Trading in stock market is very risky. This website is not perfect. This is not an advisory service to buy or sell. The contents of “maheshkaushik.com” are only for educational purposes. No liability is accepted for any content in “www.maheshkaushik.com”. Subject to pindwara(india) jurisdiction only. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice.. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, author of this website is not a trend technical analyst.