Below are the Business Attributes:-
1) It’s a Debt Free Company
2) Cash Rich
3)78% of the business is not affected because of Lockdown.
4)22% Business has seen a drop in revenue to the tune of 10%
5)78% Business Segment actually saw a rise of 25% In revenues in this lockdown.
6) The next Few Qtr Results Will be Bumper Compared to the Last Few Qtrs.
7)Rakesh Jhunjunwala owns around 8% of the Company.
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Thanks for the advice.
How are results going to be good for next quarter.
Personally Sold Around 40 odd, Because there was a much better opportunity where i used all the proceeeds
Geojit Sold When New Margin Rules were imposed by SEBI which is negative for the stock as 80% of the revenues come from broking