Solitaire Machine Tools (micro cap stock in machine tools sector)

Don’t know of any material development in Solitaire.
I am guessing that it’s just that few investors are giving up and due to low liquidity stock is correcting sharply.
Last quarter results were fine. As I said in the past it’s a 3 year type holding for me. Haven’t seen anything that changes my mind for now.
I might add small qty if it fells further to 36-32 levels. At present it’s just below my buying price.
Discl- Same as last one.

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Co is looking for land for 3rd plant at 20 to 30 km from Baroda area and not near city to save on land cost.

Recently listed Varroc Engg is largest client with more then 110 machine sold to them.

Last yr export was affected due to new tax imposed in USA for import.

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Good results by solitaire. Sales and PAT up 33% YoY. And doubled QoQ.

Any details about the Rs 1.92 crores non-current investment and Rs 31.33 lacs loans under current financial assets?

Good results after a lacklustre q3. http://www.bseindia.com/xml-data/corpfiling/AttachLive/33253ab1-bbdd-4363-985a-29806967ecc9.pdf
Dividend of 1.1

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