Noida toll

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by vineet, May 10, 2016.

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  1. vineet

    vineet Active Member

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    Frnds noida toll is consolidate at cmp for last few days with gud volume. Pro. Promoted by il&fs. Gud company with no debt I guess ready to breakout on upward. Suggestion invited
     
    vineet, May 10, 2016
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  2. vineet

    vineet Active Member

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    FRNDS PLS SHARE UR VIEWS ON Noida toll. Looks gud
     
    vineet, May 11, 2016
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  3. Subbu1260

    Subbu1260 New Member

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    Though it is virtually debt free.. concerns are promotor holding is low (26%), thought they get regular profits they are not paying tax.
     
    Subbu1260, May 11, 2016
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  4. vineet

    vineet Active Member

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    Thxs subbu
     
    vineet, May 11, 2016
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  5. vineet

    vineet Active Member

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    Slow n steady win the race
     
    vineet, May 12, 2016
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  6. ssgeethan

    ssgeethan Member

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    Sir,
    Please explain what do you mean by "though they get regular profits they are not paying tax"
     
    ssgeethan, May 15, 2016
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  7. rushia

    rushia Member

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    they have tax holiday for the toll road
     
    rushia, May 15, 2016
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  8. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    But growth prospects are low and also there is opposition of public to charge of toll. Possibility of scale up of business is not there it is only dividend yield stock for conservative investors. If you are young with risk ability better go for turnaround stock which can give multibagger returns.
     
    Srouta Mukherjee, May 15, 2016
    #8
  9. shubham

    shubham Member

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    Better go for itnl posted awesome result in q4
     
    shubham, May 15, 2016
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  10. sundar

    sundar New Member

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    sundar, Oct 16, 2016
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  11. sundar

    sundar New Member

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    agree on the choice of NOIDA TOLL BRIDGE..Excellent dividend yield too..
     
    sundar, Oct 16, 2016
    #11
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