This one seems to be running like a private company in the guise of a public company.
The company website https://emkaytools.com/ does not have any section for investors. Isn’t this a violation of the SEBI norms?
Promoter sold 3lakh shares towards the end of Feb 2020 (when the pandemic started). Extremely well-timed sale since the price crashed from around Rs 160 when he sold to around Rs 61 within 6-7 months.
75% promoter holding. No dividends. The valuation is very cheap but minority shareholders are unlikely to see their share of the profits.
I have no investments in this company.
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