Global slowdown doesn`t affect paper companies! All that your are posting doesn`t apply to NOCL or NORL ...and you know why?? Because neither of them are a real business.... NOCL is still to finish construction for it to be considered a refinery! And NORL is nothing more than a single desk
11.10 PM Oct 26th
The company and its parent company has lots of financial problems which seems not to get over very easily unless and until the lenders willing to take a stake in the equities and free it from debt burden to convert its income into profit.They have assets but in economic slowdown everyone wants
7.27 PM Oct 26th
The results so far have been as far bad as expected. However, going forward. over the next year or two, participants need to brace themselves for severe shocks on the down-side- mostly in the banking ,NBFCs and the consumer discretionary sectors as we head to one of the worst slowdowns of all times.
2.05 PM Oct 26th
@all is well I had recommended RKF at Rs.316 and it zoomed to Rs.750 levels but due to global slowdown and 35% exports hit in revenues and business RKF has been going down slowly over the past 1 year and has reached my buying price of Rs.316. So recommending a switch to my recent recommended out
1.03 PM Oct 25th
@dave27 As R.K.Forgings had gone up too soon too fast from Rs.316 to over Rs.700 and has see huge profit booking ever since and has come back to these levels which is not a good thing as the exports of 35% had been hit due to global slowdown. This has been very unfortunate. The company management
4.34 PM Oct 21st
China recorded a "steady" GDP growth rate of 6.7 per cent in the third quarter of this year, thanks to a red hot real estate market and government backed spending and lending that propped up the world's second- largest economy which witnessed continuous slowdown.
5.16 PM Oct 19th
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