Stock has not been able to generate better return on equity than bank FD
Good time to consider, as stock is not in overbought zone
Too much promoter holding pledged
Pure Giftcarat Limited is engaged in trading and retailer ship of diamonds in Surat. The Company sells diamonds to a customer base that includes various jewellery manufacturers, department store chains, retail stores and wholesalers.
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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