Sanghvi Movers

Can Sanghvi Movers be bought for long term.Sept qtr results were bad but company is debt free and play on Infra story..

 

It can be. But one should keep in mind that Wind sector is their main source of income. So until clarity comes on that sector the result will be subdued. It would be better to invest after clarity comes and probably buy at a little higher price or just buy it now and expect almost nil returns for atleast next 6 months or so and the play it as the new information arises.

 

Thanks for the info.If it depends on wind sector then recovery is a while away....