Q.
What the future of kinetic motor, please anser correctly, are the mahindra two wheeler is same
About: Money
Asked by sunderkulhar sunderkulhar,
12 Jun '10 02:32 pm
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Answers (3)
1.
Dear sir,I hold a lot of share of the company in anticipation of a bright future.I think my research will not betray my expections.Besides,M n M will never allow it to die .It may tarnish their image.So,have confidence on the management n hold.
Answered by Damodar Biswal, 12 Jun '10 08:58 pm
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Hi Sunder, Yes you are correct. Mahindra bought the assets of Kinetic in 2008 as per the news in media; but they are jointly working now. Since Mahindra is the major asset/ share holder of the Kinetic motors, it is working together in producing bikes. Kinetic motors has more debts. About the stock of kinetic motors - it has good support at 17.5 Rs. but almost at bottom. I advice also not to buy this stock at the moment because the company has heavy debts..... Nara (tradeindiashares.com)
Answered by Nara Nareay, 12 Jun '10 03:20 pm
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