It seems trading in shares of Essar Oil stopped ( Last Trading Day 09/02/16 ). Excellent Q3 Results announced after suspension of Trading. Any Link ??
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As long as there are Losses or Uncertainty , Promoters are very comfortable with Public Shareholders . But when the time comes for sharing the Profits , Non Promoter share holders are thrown out.
For Non Promoter shareholders it is like the Playing Card Game of Teen Patti / Flash. Promoters have SEEN their cards ( they know the facts ). Public Shareholders are playing BLIND.
For Promoter Shareholders the axiom is Heads We Win , Tails Non Promoters Lose .
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February 10, 2016
Essar Oil Q 3 Profits Zoom to Rs. 364 Crore
http://economictimes.indiatimes.com/markets/stocks/earnings/essar-oil-net-profit-up-at-rs-364-cr-in-oct-dec-shares-delisting-on-feb-17/articleshow/50920175.cms
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Essar Oil , recently , completed Delisting process.
http://www.rareindianshares.info/2016/01/essar-oil-trading-to-stop-wef-10022016.html
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General Warning : Investment in Shares Can be Injurious to Your WEALTH
Disclosure : The Blog writer in his / family names has holdings in this Company So please make suitable " provisions " for any likely Over Optimism
NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer
Disclosure : The Blog writer in his / family names has holdings in this Company So please make suitable " provisions " for any likely Over Optimism
NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer
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