Just went through the Valuepickr forum for Rajest Exports, and the company is shady to a T!!
- Promoters never deliver on any promise. They were saying in 2005 they will increase margins, also in 2010, also in 2015 and also in 2023. Margins have fallen from 2.5 % to less than 1 %!!
- Low Dividend payout. Very low compared to earnings.
- Tax rate of 4 percent!! Dont really get it. How?
The financials are good, but how much can be trusted is the question. Please let me know if
I made a mistake in above 3 points.
| Subscribe To Our Free Newsletter |
