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You will get the Dividend by August 1, 2009...
Hello sir
I have 100 shares but havent recd dividend....
BSE Announcements on Jyothy Laborato
Posted by :
MMB MessengerWith reference to the news item appeared in the newspaper dated July 16, 2009, titled "Jyothy Labs to exit venture with Ekta Kapoor; Open to equity participation with global cos", Jyothy Laboratories Ltd has clarified to BSE as follows "We clarify that Companys Ekta Dhoop Business was not substantial / significant in volume / value and its discontinuance will not have any significant impact on the operations / performance / profitability of the Company"....
NSE Announcements on Jyothy Laborato
Posted by : MMB MessengerJyothy Laboratories Limited has clarified to the Exchange, with reference to a news item that appeared in the newspaper dated July 16, 2009, titled "Jyothy Labs to exit venture with Ekta Kapoor; Open to equity participation with global cos", as follows: "We clarify that Companys Ekta Dhoop Business was not substantial / significant in volume / value and its discontinuance will not have any significant impact on the operations / performance / profitability of the Company"....
Also good Q1 results are expected at July end. Buy today, from tomorrow the books are closed till July 30th....
Grab this share at this price, you will get Dividend of Rs. 2/- per share at July end....
Are these levels based on technical analysis, or based on past experience ?...
the support for the stock is at 83,ifbad budget or bad market after budget may even fall to strong support of 67.50....
Dear Ramakrishna,
You cannot have a better FMCG stock than this co. for long term investment. No debt, very ethical management, steady growth in turnover and profits over the years, and if their latest move into fabric wash becomes commercially viable, they would have a great new business proposition, and a totally new revenue stream.
The small size of the co., and the fact that most of the shares are with the promoters, generates very low floating stock, and low trading volumes. Because of the thin trading volumes, most MF`s and FII`s stay away from this counter, and so retail investors can access the stock at very reasonable prices, vis a vis say HUL or Marico , etc.which are always at very high prices due to the institutional demand....
U are right...........volumes are so low hence small selling pushes the price down......however results are great and stock is cum dividend of Rs 2/- per share.
Thanks for the quality indepth info U have given....
Hi:
I recently purchased this share at 120 Rs (400 quantity). Since then, it has been falling steadily. I am a long term investor. Can anybody tell the reasons for its downfall since the last few days on thin volumes?
Ramakrishna...
Although I am only an investor, and have been holding since a large quantity since the IPO onwards ( Which was incidentally, at 690/- , adjusting for splitting, comes to 138/-, the present prices are far lower than even the IPO prices ) the boarders should know that this Co. gets very thin trading on most days. Traders mostly avoid this scrip. But is a great FMCG stock ....
OK............took Ur suggestion and added at 93.50............put in another trade at 91 in case it goes there....
U can buy now, as this quarter results are expected to be very good....
Yes,I do agree...........stock is now at 99.95 on BSE/NSE and can be entered into.
P.S. I entered at 100....
