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ITI Limited and petronet lng

Discussion in 'Investment Analysis' started by lrbguma, Nov 22, 2017.

  1. lrbguma

    lrbguma Member

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    Hi experts need suggestions on above mentioned stocks. Especially on ITI Limited. last year it's price is 30/- when one of my friend suggested this stock. the main benefit of this script is it's having lot of lands and they are about to get defence related contracts. so can I take position in this price

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    lrbguma, Nov 22, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    Never. This company is making operating losses for last 10 years. I wouldn't consider it even for free to be in my portfolio. Land aren't something you should be buying this company and management should operate profitably to sustain.
     
    shabbir, Nov 22, 2017
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