Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Too much promoter holding pledged
Sanghvi Forging and Engineering Limited is a manufacturer of steel forgings. The Company manufactures forged flanges, heavy forgings and computer numeric control (CNC) machined forged components, among others.
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In last 6 months, promoter holding in the company has decreased by 6.63%
A significant proportion of promoter holdings is pledged
In last 3 months, mutual fund holding of the company has almost stayed constant