Saturday, December 06, 2014
KILBURN ENGINNERING LTD
~~Hemant K Gupta
Again another company with dismal track record. Although company has reported much better profits on stagnant turnover in H1, there is no surety that same momentum will be maintained in coming quarters.
Kilburn Engineering Ltd (CMP: Rs.45.30) fundamentally is definitely overpriced. It may be mentioned that fundamentally above scrips are overpriced.
However, this author does not guarantee that their shares prices will fall immediately and/or sharply. Because voice of operators and vested/selfish interests is more widely heard in media and in market to trap gullible investors.