Porinju Veliyath & Dolly Khanna Forum

What happens to money siphoned from LEEL? If promoters are found guilty can money recovered by selling seized assets of promotor come back to LEEL? It is a very long legal process. The moneys have been advanced as loans to promoter companies with the approval of the (majority) shareholders of LEEL....

There is too much volatility in the markets at present. Can't say where markets will go after the election results are out. Better to start buying in small quantities at every dip.

There is no clarity at present about the impact of the dumping issue and the China competition. Better to watch for a quarter and let it stabilise.

L&T infotech was up 8% today! Great & safe stock with blue-chip pedigree.

At this point it is better to hold and watch a few quarterly results. Nobody knows why the stock lost so much value suddenly.

The stock is presently quoting at Rs. 178. There is a good research report by Sachin Pal of Moneycontrol Research "Advanced Enzymes Technologies (AET) reported a very strong performance in Q1 FY19. The company posted a topline growth of 38 percent to Rs 104 crore. Operating profits jumped 64 percent...

Not sure. Such stocks are heavily dependent on the economy improving and large capex plans being implemented.

It is possible that funds may be raised to meet redemption pressures.

I would like to see research reports on L&T infotech to understand its business model and prospects.

The choice of stocks appear to wanting. Not sure if LEEL etc can bounce back soon. We'll have to see how things pan out.

valuepicker wrote: ↑

Thu Nov 22, 2018 10:42 pm

SRG financeby Ramesh Damani has come out with good numbers. But with recent trouble in nbfcs and HFCs would small firm like SRG finance be able to raise funds and make money?

Agreed. Better to be wary at this stage of housing finance stocks, especially of smaller ones like SRG.