Here is some more to add from other members.
Spent 1 day studying the company, key materials studied :
All tweets related to the company/promoters on handle @Mumbai_400071. Thanks @Ascendant for sharing the source.
Changes in shareholders since Mar. 2019, plus Bulk deals of last few months.
ARs since 2018
Digital footprints of KMPs & directors
Concluded: It’s a shell company.
Key points : Changes in SHP is telling a lot, sudden change of CFO along offload of shares by Mellora Infra should not be ignored as a coincidence.
D…
And of course this, in case you did not know.
Some companies where things went wrong, sometimes horribly wrong:
1). OnMobile
2). IRB Infra
3). Educomp
4). Deccan Chronicle
5). Tanla Solutions
6). Teledata
7). Prithvi Info Systems
8). Riddhi Siddhi Gluco Biols
9). K S Oils
10). Anand Raj Industries
This is an initial list only. Feel free to expand the List, but make sure that these are all public-domain frauds/msdemeanors. Let’s start with making sure all 10 above in the list are in public domain. If not, replace with one that is,…
And there exist members who have shown interest in the stocks even if something has happened, after price has fallen sharply, to them, these are opportunities.
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