Hi,

ROE for Force Motors for last three Years is calculated as -3.27%

However company has been profitable during last three years.

Is it wrong or I am missing Something.

Regards,
Kapil

i am new here & entred into market this yr.
need your view on these stocks
dhunseri tea
skm egg
pantaloon fashion & retail
mm forging
samkrg piston

FY16 would be another game changer for Granules after long consolidation which will reflect fruitful results from new JVs
Discl: Holding before splits

http://personalfinanceupdate.blogspot.com/2008/08/kolkata-police-arrested-bank-fraud.html

To,
Amitesh Naryan

Sub: Complaint against illegal, false and misleading display of statements and information in the Personal Finance Update website (www.personalfinanceupdate.blogspot.in/2008/08)

Dear Sir,

I Mr. Manoranjan Roy,the Managing Director of Pincon Spirits Ltd having its registered office at 7, Red Cross Place, 3rd Floor, Kolkata- 700001, which is widely acclaimed for its reputation and quality of service since time immemorial and has a good long standing business and as such has carved a niche for myself in the service industry has a reputed and a distinguished goodwill in the region and pay huge excise duty with the exchequer, would like to inform you that to the utmost bewilderment the website address www.personalfinanceupdate.blogspot.in/2008/08,has been unauthrorizedly, illegally and falsely displaying an article regarding news stating and/or alleging me with some denied and disputed offences.

I would like to take this opportunity to place on record that I had been released and/or acquitted of the alleged offences as per FIR No. RC BSK 2010 E 0002 by the Ld. 14th Metropoliton Magistrate, Kolkata on 02.12. 2008, wherein, the Ld. Judge vide an order dated 30.03.2011 had held that no sufficient evidence was marshaled during investigation against my complicity in the crime and hence was not sent up for trial. It is hereby envisaged that such false reporting is an attempt to attribute false, misleading and malicious statements. Such negligent attitude is harming my embellished reputation and consequently affecting the business transactions. I hereby call upon to strict proof of the veracity and the contents of the wrong statements as attributed by te publisher.

It is pertinent to note that I have never been convicted of any offence and thereby such act and/or misconduct is unwarranted in the eyes of law. Such false reporting and publication and/or display of false and misleading statements have caused great and irreparable harm to my reputation. In furtherance I state that such misleading and completely false statements have been deliberately made with the intention to malign my reputation and also to lower his social prestige. And henceforth I reiterate that the removal and/or deletion of such false article is subject to immediate necessary action.

In the light of the aformentioned circumstances, I hereby call upon you to forthwith take appropriate and necessary steps and action against such publisher and effect investigation in order to remove such article from the website with immediate effect.

A copy of such order is enclosed herewith for your records and reference and immediate compliance.

Thanking you in anticipation.

Yours faithfully

Manoranjan Roy

@amitnagar

Find enclosed link which map short term rating to long term rating. As per the link, A3 and A3+ both are falling in long term rating of BBB, which is just a borderline investment grade rating. In fact, in my opinion, it is very delicate credit profile based on proposed rating. What best we can say it has improved marginally from borderline but still on long path of strong credit.

http://www.icra.in/Files/Content/mapping.pdf