Moser Baer (India) Ltd
(updated - 04 Jan 2010)
Moser Baer (India) Ltd
Tough business conditions along with weak financial position make it a weak stock.
It remained a laggard in 2009. The country's biggest optical media company has been posting losses for last two financial years. It is facing a tough environment in its key optical storage business due to large scale availability of solid-state storage devices. Though the company has ventured into solar cell business, it is yet to support the bottomline.
Fund houses have reduced their holdings in the company by over 40% in two months ended Nov 2009.
Investors please note
Investors should think/avoid before investing in this company for short term to long term perspective taking into consideration current market price.
At all, due to some specific reasons, if you are planning to buy this stock then it is advisable to buy at lower levels or else write to us to know the exact buying price.
Current price : Rs 86
Market Capital : Rs 1,443 crore
PE (price to earning) ratio : Not available due to losses in last 12 months.
Returns (3month) : -11%

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