The share price had come down from Rs.800 to Rs. 46 and the company was in total mess after a acquisition of a Company , which completely destroyed the company's net worth ! For the last three years the company is trying to streamline its loan specially FCCBs, successfully. Its repayment is scheduled by 12th March 2012
Now that Big Bull Rakesh Jhunjhunwala has made a grand entry and purchased 1.8 % Equity shares of SUBEX Ltd !
The turn around company can now expect better valuations of its shares !
Hope for Happy times for INVESTORS of the Company.
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1 comment:
Nice article. In short this means that do not follow the mass public, let them follow you. So trust in information that our guru investors provide, when only few have it and not when information becomes news.
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