Escape from the negative wind

Rushil Decor- Time to exit

This article guides you to make an exit if you have invested in rushil decor which is a leader in decorative high pressure laminate sheet in market.

It has its foot print over 36 countries, and the firm was started in the year 1993.


Shareholders
---------------------
It's top 3 foreign investors are


  1. IL&FS Securities holding 3.65%
  2. Shriram Insight Share Broker holding 3.21%
  3. Nomura Singapore holding 3.7%

Positive thing
----------------------
  1. They have a decent market Capital
  2. Revoked pledged shares
Negative things
-------------------------
  • Decline in sales
  • Poor Operating performance
  • Large Debt
Notice
-----------

On April 1, company receives closure information from GPCB to close it's laminate sheet manufacturing unit at Gandhi nagar.

This might further impact it's revenue and income

For the past 6 months, the price if the stock has fallen drastically from 687 to rupees 344.



To be exact from 17th April 2018, stock has fallen from 837.35 and stock is now trading at 244.



Earning per share has got reduced from 6.21 to 2.57

A short term pull back ralley is not possible as the stock is surrounded with negative sentiments. Hence this stock for both short term and long term is not advisable.

Company's credit profile to remain negative for next 3 years.

Even though I am sure that all Investors who have invested might be facing losses, I am requesting all of you to exit immediately to avoid further losses.

"Look before you Leap"

Thanks

Facebook page

https://www.facebook.com/Concept-Seller-363933557655255/

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