1. suresh1982capmkt

    suresh1982capmkt New Member

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    Whether I buy Provogue India Rs 6.50 for Holding next 5 years? (retailSector & Mkt cap only 70Crore)
     
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    Well, the fact that the stock is in the retail sector and that it has a low market cap cannot be the reason to buy it. Do you see a turnaround happening? I don't see that from the financials. The Company's sales appear to have stagnated and it suffered a loss in the past few years. Also it has debt on the books.

    I think the sensible thing is to watch the quarterly results and the commentary from the management. That will give an indication whether there is a dramatic turnaround in sight.
     
  3. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    I anticipate a decline in Q4 revenue of Provogue and see no reason to buy it.

    Avoid Provogue unless you are see its turnaround symptoms.
     
  4. Anita

    Anita Member

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    Pledging of Promoters is 44%,Pledging out of Total Shares is 19% hence SHP Rating is only 5 out of 100(Poor),Turnover Rating is 53 out of 100(Bad),The Turnover Rating measures the Volumes and Turnover of the stock on NSE and BSE.
    EQAXScore is only 49 out of 100, very bad.
    Not a good investment.
     
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