Saturday, April 13, 2013

Manali Petrochemical Ltd @ 8.44

This week we choose MANALI PETROCHEMICAL LTD as a good stock which fulfill all of the stock choosing basic criteria. 
New readers please read my best selling stock market book "The winning theory in stock market" for deep understanding about fundamental stock market investing. 
1.Manali Petrochemical Ltd is a 5 rupee face value Petro chemical stock. 
2.Year high/low for Manali Petrochemical Ltd is 14.40 and 7.66 stock traded at 8.44 this is a good ratio because when year high/low ratio is stable below 2 then I recommended stock for buying read full details of this term here:-
Terms using in my research repoerts 
3.Promoters holding in Manali Petrochemical Ltd is 44.81% and FII holding 1.31 % DII hold 0.13% and promoters not pledged his holding.
4.Manali Petrochemical Ltd have a good dividend paying history:-
Recored date   Dividend
 23/07/2012 Dividend 0.60 
19/07/2011 Dividend 0.50 
15/09/2010 Dividend 0.37 
10/09/2009 Dividend 0.25 
10/09/2008 Dividend 0.50 
5.Net sale per share of Manali Petro is near about 33 which is good if we see currant price 8.44 because as my research if net sale per share is more then CMP then stock is a great value buy.
6.Base price ( means 3 year average price ) of Manali Petro is 11.74 so CMP is below the base price. 
7.I have no any share of Manali Petro.
Next:-
National Plastic Industries Ltd

No comments:

Post a Comment

Share Your View in Comment