Many times in the past, I warned my readers about investing in companies with suspicious management .This is proved by the recent announcement of CONCURRENT INDIA INFRASTRUCTURE .Today the company in a filing to BSE declared that they have decided to withdraw from all major projects announced earlier. THIS IS A CLEAR CASE OF CHEATING POOR RETAIL INVESTORS AND THE AUTHORITIES SHOULD TAKE STRICT ACTION AGAINST THE PROMOTERS AND OPERATORS PLAYED BEHIND IT.
Hope nobody trapped in this counter and once more urging everyone to make due diligence about the management before investing in any company especially small and mid caps .Companies with good management may move only based on their financial performance but chances are rare to loose your shirt in such counters.At current market price of Rs.21/-,just sell and run.
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