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Friday, 7 July 2017

*Extreme Confidence*

PANCHMAHAL STEEL LTD

Promoter has increased his stake to 72.62% vs 70.79% QoQ
Many times promoters increase their stake when their stake is on lower side, say 40-50%.
However PSL promoter already held 70.79% and still buying another 2% from open market means that PSL HAS GREAT FUTURE

Moreover, _floating stock slowly drying up as 2 institutions holding 17.70 lac shares have completely exited_

*Yesterday delivery ratio was 99.23%* which proves interest of genuine investors

With mktcap of just 110cr, PSL is TOP PICK

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