Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Too much promoter holding pledged
The company is engaged in the business of synthetic forming fabric, metal fourdrinier wire cloth and EDM wire. Its paper mill product category includes forming fabric and metallic wire cloth. Its also makes Coated Edm Wires and Plain Edm Wires.
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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