1.Pratibha Industries Ltd is a 2 rupee face value Construction and Engineering company.
2. Year high of Pratibha Industries Ltd is 56.25 year low was 31.85 and stock traded at 32.89.
Year high/ low ratio is below 2
So price of Pratibha industries is stable for fresh buy.
Many of my followers confused when they watch this reverse trading system video:-
, and they ask that
" in my book I say do not book loss and in above video I say book loss
when year high/low cross over 2 why?"
Personally I do not invest more then 5000
in a single stock and do not use reverse trading system because near about all
of my recommendations are dividend paying and I enjoy dividends in my holding
period and do not worry if stock fall from my buying price.
generally I forget this 5000 rupees and never sell in loss because if company closed his business and run away from market then my maximum loss is limited to INR 5000
rupees but my profit and dividends are unlimited ( Closing business and run away from market is near about impossible in
my stocks because I choose my stocks on net sale per share base so good selling
companies never close his business)
So I tell reverse trading system here because
some of my followers worried when they see that his stocks is down 10% to 40%
and they continue ask in comments and
from e mails " Sir your recommendations is down so what to do now can I book loss or buy more?"
So if
you are also track your stock price regularly and worried if your stock is fall
10% to 60% then it is advisable to use reverse trading system ( this is not a
loss booking because you buy it
again read my book or watch above video
to learn more about this system, but if you are unable to trace price regularly
then just hold a fix small quantity and forget for long term.
If you are new reader of
my blog and not familiar with my research terms then please see my research
terms at this link
3. Promoters of Pratibha Industries Ltd hold 46.95 %, Foreign
Portfolio Investors hold 0.66 %, Warhol Limited (Foreign Institutional
Investors) hold 9.67 % ,Reliance
Capital Trustee Co Ltd A/C-Reliance Regular Savings Fund-Equity Option
hold 5.94% and other banks hold 0.27%. Promoters holding is good with nil pledged stocks.
4.Pratibha Industries Ltd Pay 0.20 to 0.60 rupee per share dividend since last 5 year
5. Base price of Pratibha Industries Ltd is 38.61 So CMP is 15% below from base price so I
think this is the right time to buy this stock.
Click here to download last 3 year closing price with graph
6. No any bonus issue right issue and bulk deals is recorded in last 2 year.
7. Pratibha Industries Ltd net sale per share of Fy 14-15 is 237.98.
8. Net salre per share 237.98 is good so I think this stock have potential to become
a multibagger stock in 2017.
9. Book value of Pratibha Industries Ltd is 73.16 So in book value term Pratibha industries is a value buy.
8. Overall I think Pratibha industires is a value buy in
recent market fall .
9. 200 DMA of Pratibha Industries Ltd is 40.85 So at CMP 32.90 this stock traded below his 200
DMA and not usefull for trading purpose.
11. Disclaimer:- This is not
an advisory service to buy or sell. The contents of “this research report” are
only for educational purposes. No liability is accepted for any content in
“this research report”. The author is neither a registered stockbroker nor a
registered advisor and does not give investment advice. His comments are an
expression of opinion only and should not be construed in any manner whatsoever
as recommendations to buy or sell a stock, option, future, bond,
commodity, index or any other financial instrument at any time.The author
recommends that you consult with a qualified investment advisor, one licensed
by appropriate regulatory agencies in your legal jurisdiction, before making
any investment decisions. Please read
full disclaimer at the bottom of my blog.
12.Discloser:- I Mahesh
Chander Kaushik author of this research report is an existing research analyst
and passed NISM certification for research analysts. I am also registered under
SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH
100000908 ) hereby disclose about my financial interest in the subject company
and the nature of such financial interest:- 1 Me and my associates or relatives
have not hold any share of Pratibha Industries Ltd so my personal interest is not
included in this stock. 2. Me and my associates or relatives have not
any actual/beneficial ownership of one percent or more securities of the
subject company ( Pratibha Industries Ltd). 3. Me and my associates or relatives
have not any other material conflict of interest at the time of
publication of the research report. 4. Me and my associates or relatives have
not received any type of compensation
from the subject company(Pratibha Industries Ltd) in the past twelve months. 5. I am not
served as an officer, director or employee of the subject company ( Pratibha Industries Ltd). 6. I have been not engaged in
market making activity for the subject company (Pratibha Industries Ltd).
