The company has paid dividend of Rs 2 for last financial year. I doubt if this is fraud company....

my dear frnd this is tooooooo late to pass on information on message board, when i had query it was @45, to day its abv 50, and sustaining very well, once it breaks 55 will stop at 68 only and its 4 wk away...

Its not a bear market now. Yes this one has come a long way from the 14-15 levels, so its a good time to book partial profits. Today`s news says it is unable to cope with the present demand. So we may see these 50 levels for some more time, if the market hangs in this zone. Btw, next June is far away. We will see a full fledged budget inbetween....

Is this a fraud company, please advise...

nothing like that
its a turn around story will be a 500 crore company from a loss making 4 years back
tremendous grwoth for the past 4 years
CEO is a ex-cipla man and his ambition is to make litaka into a 3000 crore conglomerate

if possible buy more and forget...

its s monopoly in its sector and a very gud professionlly managed company MNC in a mid cap space

it will become 500+ in 2011 bull market
...

All please exit from this stock it is trading at a pe of 50+ which is dangerous even in bear market like this
asset bubble is next to happen sometime next june...

agreed its a really gud stock even if it falls to below 25 in the next run rakesh will take this one into 150 don worry...