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Patels Airtemp

Discussion in 'Fundamental Analysis' started by santosh_rachuri, Sep 13, 2015.

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  1. santosh_rachuri

    santosh_rachuri New Member

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    Shabbir Bhai,
    What are your views on Patels Airtemp for Long term holding? The Company is paying consistent dividend and the results also good. The company's order book is also good.
     
    santosh_rachuri, Sep 13, 2015
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  2. shabbir

    shabbir Administrator Staff Member

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    I don't track this stock fundamentally but then it looks quite ok to me. Will be doing more research on this and will update you.
     
    shabbir, Sep 13, 2015
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  3. shabbir

    shabbir Administrator Staff Member

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    Fundamentally the stock really looks good and it also has some unique products and they have very good client base as well. Apart from that promoter's have increased their share in the stock and have reduced public shares from 62% to 54% which is a very good sign for any management.

    The only issue is they have an average volume of 6k and daily traded volume is 1k which is very low. On top of that the registered equity capital is only 5Cr which is quite low as well.

    So I would not buy into this stock for more than 50,000 Rs to 100,000 if I wanted too even.
     
    shabbir, Sep 13, 2015
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  4. santosh_rachuri

    santosh_rachuri New Member

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    So you are saying that the stock is less liquid and one can take a maximum exposure of up to 1 lakh Rs..

    Sent from my HM 1S using Tapatalk
     
    santosh_rachuri, Sep 14, 2015
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  5. santosh_rachuri

    santosh_rachuri New Member

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    Thanks bhai

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    santosh_rachuri, Sep 14, 2015
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  6. shabbir

    shabbir Administrator Staff Member

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    Yes.
     
    shabbir, Sep 16, 2015
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  7. santosh_rachuri

    santosh_rachuri New Member

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    ☺☺

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    santosh_rachuri, Sep 16, 2015
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