Hi,
I was receiving few queries about ACP, during the last month or so, but I restrained from replying. Just because I don't want to make anybody speculating over it.
Finally I think its time to give my few points towards ACP on the eve of Q3 result publication.
NOTE : This is not a BUY / HOLD / SELL recommendation. [As per SEBI guide lines, you have to register as an research analyst to do that; and I am not intending to do that :-) , but I am trying to build/ implement a generalized portfolio approach majority can follow, and working towards that in present days]. So this is just my reflections based on the latest developments and result.
Major events happened during the last two months:
1. Promoters sold shares above Rs. 500/-
2. One HNI invested in the same and his other holdings are decent and futuristic
3. Company increased its borrowing limit to Rs. 100 Cr
Now based on the Q3 result
Only standalone result is published.
But it shows an increasing trend based on revenue and profit.
That's all for now from the present results.
There may not be any need to analyse the next result I think, since it will be on a consolidated basis and stock may find its proper value based on that result.
I was receiving few queries about ACP, during the last month or so, but I restrained from replying. Just because I don't want to make anybody speculating over it.
Finally I think its time to give my few points towards ACP on the eve of Q3 result publication.
NOTE : This is not a BUY / HOLD / SELL recommendation. [As per SEBI guide lines, you have to register as an research analyst to do that; and I am not intending to do that :-) , but I am trying to build/ implement a generalized portfolio approach majority can follow, and working towards that in present days]. So this is just my reflections based on the latest developments and result.
Major events happened during the last two months:
1. Promoters sold shares above Rs. 500/-
2. One HNI invested in the same and his other holdings are decent and futuristic
3. Company increased its borrowing limit to Rs. 100 Cr
Now based on the Q3 result
Only standalone result is published.
But it shows an increasing trend based on revenue and profit.
That's all for now from the present results.
There may not be any need to analyse the next result I think, since it will be on a consolidated basis and stock may find its proper value based on that result.
