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Moneycontrol.com >> Message Board >> View Messages >> BAG Films
   You are here :     Moneycontrol     MMB    Stocks      BAG Films                         Most active discussions of 2006 , 2007 & 2008
Directly relaited with UPA govt. (3)   07-Jul-08 17:49Tracked by (0)  
Posted by:   Silent Don on ( 07-Jul-08 17:49 )
Price : BSE: Rs 28.55 ( 3.82 % ), NSE: Rs. 28.40 ( 3.09 % )
Far fetched wild dream, I should classify this expectation or conclusion !

Basically, most Industrialists have their own political inclinations/alignments, like Ambani, GMR, or any other. It does not mean that the share prices or their business will fall if the government falls/changes.
One has to look at the fundamentals of the company irrespective of their political associations and BAG films have over several years have successful projects to their credit and is a regular dividend paying companies unlike many other media companies whose prices fly or move erratically. The BAG Films scrip has risen from level of teens to 100 with hype initially due to the purchase of stake by Mr. Gehlot and the price has gone to three digits. But it also has fallen substantially in tandem with the market fall. At current price level it will be a big blunder if one comes out of the scrip at this low level where already it has got the support. I personally feel that the scrip should stabilize around 45/- by the time of half yearly results and hence holding would be a prudent and sensible decision.

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