
SUBEX LTD.
Recommendation: Strong Buy
View : MID TERM
Strategy : TURN AROUND STORY. NOT FOR LONG TERM
CMP : bse cash 9.50
Commentary:
This stock was enjoying 700 level highs in the bubble top of 2008, then the markets crashed so do the company profits. Since it is trading at around 20-40 levels before finding bottom at 10 Rs. levels.
The company has huge equity to start with as its problems. The company is into IT support services....