Friday, July 2, 2010

SAGAR PRODUCTION LTD


Sagar production ltd is a 1 rupee face value share. Former name of sagar production ltd is kirti finvest ltd.


I think you remember I book my first penny share profit in sagar production ( buy @ 0.37 and sell @ 0.55 ) after my selling this share touch 0.63 as it year high but now it come again on 0.42, so I look again buying in sagar production in the range of 0.35-0.38
Do not rush for immediate buying because after a cool off more then 50% any share did not run in a short period
Promoter holding of sagar production is 5.59 %
Book value of sagar production ltd is 1.12
No price target defines your own target .


this is not an investment advice if you try to follow my concepts of investing in penny share then please read disclaimer before investing.


My currant holding is zero in sagar productions ltd but looking to enter (as you knew in my concept not to invest more then 1500 rupee in a penny share) in this share @0.35-0.37


key words:- multibagger penny stocks intra day tips F&O idea

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