We Buy Shares of Bharat Textiles
and
Proffing Industries ltd
Dilip Surana
Strides Financial Services
"Arihant Plaza" First floor84-85,Wall Tax Road,
Park Town, Above SBI
CHENNAI 600003
Phone No 044-25350312, 25350313
Fax No 044-42371148
Mobile 9840278351
Website : www.investorinfo.inCHENNAI 600003
Phone No 044-25350312, 25350313
Fax No 044-42371148
Mobile 9840278351
Bharat Nidhi Ltd : Price of Bharat nidhi is around Rs6000 now. Compared to price of Other reputed holding comapany Tata investments Ltd which is around Rs525 quoted in BSE/Nse Price of Bharat Nidhi appears very unrealistic and if it starts trading in Delhi Stock Exchange {where it is listed} when trading restarts there it may not quote ther even around Rs2000.Reasons; Bharat nidhi not widly known like Tata Investments. Secondly they differ widly in regard to transperancy and corporate governance.If performance so far is any indication ,there may not be any move to un lock hidden value at all.Lastly through vehicle of Unlimited patnerships, which are now allowed, the expectation of unlocking of hidden value may not materialise at all {based on which Barat NIdhi had goneup to such unrealistic levels. Further,prevaling International bearish Market conditions expected to intensify ion the coming months mayalso affect the prices downwards. I request others who may have views/inputs to contribute on this to share with others in this forum.
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