Friday, May 2, 2014

INDIA STEEL WORKS LTD @ 6.16

1. INDIA STEEL WORKS LTD is a 10 rupee face value Iron and Steel company. 
2.Promoters holding in INDIA STEEL WORKS LTD IS 49.88% and FII holding 7.20 % DII holding 1.97 % . This is very good stock holding pattern for a penny stock because generally we see that FII and DII are not hold a penny stock but due to other strong fundamental of INDIA STEEL WORKS LTD they hold it. 
3.INDIA STEEL WORKS LTD never give dividends and have recent bulk deals this is the reason that i put this stock in my penny share blog instead of my website (www.maheshkaushik.com) because if a stock have a good chance for bull run but not fulfill all of my book criteria like dividend paying , no bulk deal in last 2 year etc ( Read my book for more details of choosing a safe winning stock )then i put it in my penny share blog and if stock full fill all of my book criteria then i put it on my website. 
4. INDIA STEEL WORKS LTD Net earning per year per share for 2013-13 is 5.43. 
5. INDIA STEEL WORKS LTD make new year high in 2 may 2014 and belong to T group so I think something is cooking in March 2014 result so if you buy this stock then do not forget it is a risky buy not a fundamental holding buy.
6. I have no any share of INDIA STEEL WORKS LTD.
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