Scripscan:Dolat Investments Ltd
cmp:3
Code:505526
Story:Incorporated by late Mr. Dolatrai A. Shah, the Group is presently owned and administered by his four sons.The Group gained its initial membership of the Bombay Stock Exchange in the year 1970 and in 1993, the entity ‘Dolat Capital Market Ltd.' was established. Dolat Investments Limited engages in the trading and investment activities in India. It trades in shares, securities, and commodities.The Company's income is mainly derived from the investments made in the Stock market and Mutual Funds Units.With stock markets tanking the company is set to suffer losses.Exit out and switch to other stocks from sunrising sectors.Sales and profits has been lacklusture over the last 4-5 years owing to the immense market volatility.The book value stands at a mere 4rs.A 45crs marketcap is unwarranted for the counter.Invest in penny stocks only after a solid research and understanding of the business,gambling on them without even any knowledge would butch one up.
