Stock doesn't offer attractive dividend returns
Not a good time to invest, stock is in overbought zone
Stock in GSM list
Carnation Industries Limited is an India-based company, which is engaged in the manufacturing of foundry-based engineering goods namely Castings having plants in West Bengal. The Company is engaged in the business of manufacturing of castings and M.S products (fabricated steel). The Company's product range includes ductile and grey iron sanitary castings, such as manholes, catch basin frames and grates; grey iron valve boxes, meter boxes, surface boxes, service boxes and step iron; ductile and grey iron gulley gratings, siphons and hydrants; ductile iron railway castings; ductile iron M J fittings, push on fittings, restraint glands and related products; ductile iron glands, flanges, anchor flanges and brackets; accessories for fittings; ductile iron industrial and auto casting including housing, hubs and king post; marine items, such as mushroom anchors, naval anchors, river anchors and a range cleats, and counterweights for forklifts.
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In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
In last 3 months, mutual fund holding of the company has almost stayed constant