Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Too much promoter holding pledged
Ankit Metal & Power Limited (AMPL) is engaged in the manufacturing of iron and steel products. The Company's products include iron ore pellets, sponge iron, MS billets, tube metal temperature (TMT) bars, ferro silicon, power and re-rolled products.
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In last 6 months, promoter holding in the company has almost stayed constant
A significant proportion of promoter holdings is pledged
In last 3 months, mutual fund holding of the company has almost stayed constant