Stock has not been able to generate better return on equity than bank FD
Not a good time to invest, stock is in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Laxmi Goldorna House Limited is an India-based company, which is principally engaged in the business of gold jewelry and ornaments which includes processing, wholesale, and retail trading of all types of jewelry items. It manufactures and trades branded gold Jewelry and ornaments. The Company is also in the business of real estate which includes construction of commercial and residential projects. Its collection of manufactured product includes gold jewelry with or without studded precious and semi-precious stones. The Company’s projects include Laxmi Villa Greens and Laxmi Villa- II.
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In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant