One thing we need to closely watch out for is the FAIRY TALE stories handed out by corrupt press.I take stories appearing in Forbes India( belongs to CNBC group),Business India with pinch of salt.
Patel Engg is one such worst co who had comeout withan inflated IPO priced at 440 in 2006 but you keep reading n watching fairy tale stories appearing in press & the price has now fallen to 140 rs.Gitanjali gems,Hanung Toys,Lakshmi Energy,Koutons,Bartronics,Ramky Infra ,CEBBCO the list is endless.
Let the nos do the talking.All top management are very eloquent people m hence risen to top.They are good story tellers.