Stock Tips

Buy Pyramid Saimira

High Risk Pick. But gains could be high too.

Risks:

There is possibility that this stock could be stopped from trading.
The promoters are banned from accessing the capital markets for 7 years.
No active running business.
All company accounts under IT attachment.
So many creditors with Winding up petition.

Gains:

There is a possibility that the company could come out this crisis .
Creditors could workout a package.
Promoters may infuse money into company if creditors approve the plan.
Company could restart theatre business.

Buy at the current price between Rs.9 to Rs.10

Target: 30.Rs

I hold a decent amount of shares in this company.