Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Gujarat State Financial Corporation is an India-based development financial institution company. The Company is a lending development financial institution in the State of Gujarat. The Company is engaged in investment operation. The Company is engaged in providing medium and long-term credit to industrial undertakings to enable setting up of medium and small-scale industries. The Company offers financial assistance for the acquisition of fixed assets, preliminary and pre-operative expenses, expansion, modernization and diversification. . The Company is engaged in the activity of recovering dues from its borrowers and paying its lenders. The Company has offices at Ahmedabad, Surat, Rajkot and Mumbai.
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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