i bought shares of falcon tyres at 120 in 2005 and sold at 320 and after that it goes upto near abt 1300…and nw it is quoting Rs 30 after bonus/split
big accumulation seen in this scrip in last 3 mth in 4 diff days with 20lac vol in delivery
some companies related to rubber/tyres performing well so as well this also
here is the link for company report
I think it will help if you can post more details on the stock like last few quarter results, balance sheet details like debt etc and total market cap of the company.
On first glance it seems that almost 97% of promoter holding (which is very high at 81%) is pledged as per sep 11 data. Very low floating stock and high degree of pledging.
it could go any way–sharply up or sharply down. Ideal candidate for operator play.
