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How come California Soft is daily hitting upper circuit

Discussion in 'Fundamental Analysis' started by pandeyanimesh, Sep 28, 2017.

  1. pandeyanimesh

    pandeyanimesh New Member

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    California Soft is daily hitting upper circuit since almost last 15 days. How is this possible. Request you to throw some light on this
     
    pandeyanimesh, Sep 28, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    Company has been making losses from March 2011 to March 2016 and has made some profits in 2017 and it fell off from 90 to 6 as well in the loss making period as things turn profits, promoter increasing stake and may be buying out all the available shares from the market. Don't waste single min on such company and it is always an avoid.
     
    shabbir, Sep 28, 2017
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    akashgupt81 and pandeyanimesh like this.