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Rajnish Retail Ltd. at 13/- to 220/-: Investor seeks advice after similar report losses

Samraat Jadhav |2284 Answers |Ask -Follow

Stock Market Expert - Answered on Jan 17, 2025

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more

Asked by Anonymous - Jan 17, 2025Hindi

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Please post your comments and truth about this compny. Based om similar report I lost heavily. Pls suggest. Rajnish Retail ltd at 13/- is projected to reach 220/- in a short te.

Ans: Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years and company is expensive valuation wise in this price itself. Stay away from such suggestions/companies. There are so many quality companies available at a good price now with the downfall.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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