Richa Industries Ltd a company into textile and construction, today moved to Rs.22.75, before closing at Rs.22.30. This is a solid company with FY14, EPS of around Rs.4.22. The scrip is trading very cheap compared to its peers. It is also a dividend paying company.
Surprisingly the shares of Shiv-Vani Oil and Gas Exploration Ltd came down to Rs.21.60, when the crude price is moving up due to escalation of the crisis in Iraq. The scrip should be accumulated on all declines.