identifying the integrity of promoter is one of the important criterion in stock selection.the numbers in the balance sheet means nothing unless u are sure about promoters.i urge members to contribute with example.
few yr back i was invested in a kolkata based company. the balance sheet was excellent. reserve was 5 times than debt,fixed deposits alone was more than total debt.y-t-y sale was growing at more than 20%,profit growth was 20% for last 5 yr,free cash flow was rising too.so…
HOW TO IDENTIFY A FRAUD PROMOTER GROUP
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