powerfulpicks stock opinion: Richa Industries (BSE: 532766) is a good company with consistent sales growth, but it also has a bit high debt, which is causing high interest payments and reduction in bottom line / net margin.
You bought at a high price though; so be ready to average if it slips to 34. Can go up to 48 within next 3-4 months. So hold patiently.
Fresh buys can be initiated by others, if it dips to 35-36 levels.
On Thu, Oct 7, 2010 at 5:18 PM, _____ wrote:
Dear Sir,
On Thu, Oct 7, 2010 at 5:18 PM, _____ wrote:
Dear Sir,
I am holding 2000 shares of Richa Industries at 39.50.Can you please let me know is at all this stock will move up or whether i need to move out of it.
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