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Kausambi Vanijya (BSE Code : 538295) Risky Stock ( Dont Buy)

Kausambi Vanijya (BSE Code : 538295)

With a view to fool hapless small investors, a couple of wily market operators are at again. This time they have started a kite buying exercise to give a boost to the market price of Kausambi Vanijya, a company which boasts of
diversified business activity but mainly deals in stock markets. They aim as at least doubling the share price which is around Rs. 9 SMSs are being sent to hundreds of small investors prompting them to buy as many shares as they can buy from 1 lakh to 1 crore shares as these shares are available, damn cheap. But the ‘advice’ of these experts is ridiculous as even after 20 years, its revenues have not gone beyond Rs. 4 crore and the net profit for the fiscal
2015 is hold your breath Rs. 1 lakh. It is also intriguing to know that in the years ended March 2013, the company has earned a net profit of Rs. 2 lakh on revenues of Rs. 4.14 crore. It is all the more intriguing that while the com-
pany has earned a net profit of Rs. 1 lakh on revenues of Rs. 38 lakh in the fiscal 2013 while it has earned the same net profit of Rs. 1 lakh on revenues of Rs. 4.14 crore in the fiscal 2015. On what basis these operators are recommend-ing’ investors to buy these shares is not known to us. Can investors find out?

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