2006-12-05 19:50:57 · 4 answers · asked by Sumita T 3 in Business & Finance ➔ Investing
Manali Petrochemicals of MAC Group of Chennai headed by A.C. Muthaia is doing good now. It has just turned the tables and if you have shares of this company you can sell them off as the market is at the peak now. You will always get this stock cheaper and if you have fancy you can buy later. Generally this group shares including S P I C and Tamilnadu Petroproducts are not getting support from the market-.
2006-12-05 20:12:27 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It appears that you have entered into the scrips at higher level and waiting for at least for brake even.
The company's total income has reduced by 15% and profit after tax has reduced by 68% from Sep'05 to Sep'06.
Therefore, there is no fundamental reasons for the price going up. So if the amount is small you may consider in holding the scrip. And if your loss is negligible it recommended that you sell the shares and invest in faster moving companies.
2006-12-09 03:21:16 · answer #2 · answered by jvblogger 2 · 0⤊ 0⤋
buy petronet 4 long term
follow up it on aptistock freeware
4 buy sell signal chart
2006-12-07 00:09:36 · answer #3 · answered by dinu_pawar 5 · 0⤊ 0⤋
it will just be reduced to dust.lol.
2006-12-06 06:27:33 · answer #4 · answered by Heady 3 · 0⤊ 0⤋