sir, unless management appoints market maker ofr this share or get additional listing on new sme platform, there is no future for small companies where floating stock is very small. If company really wants to increase retail participation it should make weekly statement of movement of deliveries in depositiories public. All listed companies every saturday get statment from their RTA BENDEM statement.These figures are not made avialable and hence retail long term hni investors avoid investing in such illiquid scips.
Operator driven liquidity is artificial it is the retail participation by investors bring liquidity. It is the fault on part of management ,they should be more transparent if they want more risk taking partners. Kishore ghiya rajkot 9825217857 On Tue, Jun 1, 2010 at 11:04 AM, Hardik Shah <[email protected]> wrote: > *AHMEDABAD: *Atul Auto Ltd (BOM:531795) has registered a phenomenon > financial performance for the financial year 2009-10 with company’s net > profits zooming up by around 1000% from Rs.46 lakh to Rs.4.54 crore for the > period. > > > The company issued a statement on Monday describing the financial results > for the fiscal 2010. Company’s domestic sales also increased 77 % this year. > The company board of directors has recommended, subject to approval of > Members at the ensuing annual general meeting, final dividend at Rs.2 per > share compared to 50 paise last year. > > “We’re thrilled with the growth of our business, and especially that over > 77% domestic sales growth. This is the smoothest and most successful > transition that any of us have ever experienced,” said Vijay Kedia, Director > of the company > > In addition, he maintained that there is an excellent opportunity to SMEs > and large industries in India, so there is huge potential for 3 wheelers > market especially in the semi-urban and rural markets. He further added that > the company has invested Rs.30 crore in technology, plant and machinery in > addition to the existing facility. > > The new facility of manufacturing such as BIW for fabrication of Chassis > with cabin has been installed for Atul GEM. Atul Auto is confident that Atul > GEM will certainly make its mark in the Rear Engine Three wheeler segment in > India, the company statement said on Monday. > > Company stocks witnessed a whopping rise to the tune of 10% at Rs.61.60 on > the Bombay Stock Exchange (BSE) on Monday. > > -- > Regards > > Hardik Shah > > -- > You received this message because you are subscribed to the Google Groups > ""GLOBAL SPECULATORS"" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]<globalspeculators%[email protected]> > . > For more options, visit this group at > http://groups.google.com/group/globalspeculators?hl=en. > -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
