RishabDev TechnoCable

I recommended this stock to few people when it was around 17 RS.(now CMP is 11 RS )expecting that company is going to give good results with EPS around 10, but now i think its not going to make it. Now a days i started analyzing balance sheet and the interesting thing which i saw in the balance sheet of this company is its paying more then 1/2 profit as Tax and interest expenses.

Question: why is it paying so much interest rate?
Coz it took loan to run its business and the business is not making enough money to repay it
Question:why business is not making money?
answer i know its its total cost of raw material is increase rest all components remain the same from previous quarter
Question: What is the future price movement?
I expect the stock to fall for some more time and settle around 4-6 RS

And also i started looking at Gordon Growth model..hope i can place this over there and see where it ends up..Will see where the slide stops at

Celebrity Fashions ltd

Here is another Stock in Textile sector which performed badly.I don't  know the reasons, but it got beaten down badly from 100+ to 20...and no one is showing interest in this stock,

Here are few things which i look and feel this as good value buying
Mcap :30 cr
Sales:80 cr
Share Holding :Public 20%
rest with Promoters and other investors which is a Good sign i guess
only last two years it had performed badly and all the ratios and figures are bad for the past two years

Debit/Equity is 15 which is very high is the only concern

But recently they are planning to divest part of companies units into separate entities so that they can capture true potential and had asked PWC and SBI Capital to Advice regarding this .




Thanks
Pradeep Reddy Lekkala

No Visibility

Was observing PSTL for a very long time and i did see it stayed in around 20 for some time before getting settled at around 27 to 28 . Coming to the potential for this stock i believe this is not the real value which its holding as of now ,it will be much more than current MP. Though i am new to this field from some understanding of finance i can see that total market cap of this company is around 80 crores and now they are rasing funds of the size of 500 Crore ( i am missing anything) .company is making some plans to improve its business after some stuff happened late last year .
If you look at the EPS of the company right now its negative due to write downs made due to business but when u look for the future of this company i strongly believe it can deliver some Good Return when investors show some intrest in it

Right now its my underdog