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Q.

Shall i buy cals refinery shares or is it risky. i want to invest RS. 100000/-. please tell me what is the future of cals refineries after 2009 to 2010 OR 2011 years? why this script is so cheap?

Asked by shaker, 22 Jan '09 12:52 am
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Answers (10)

1.

Buy i have 100000 shares of this company. By the end of 2011, the stock will be trading around 25/-.
Answered by sreenivas gorantala, 19 Jul '10 04:04 pm

 
  
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2.

Low risk to invest now , it may reach very high value in future, Now (just 5 month before) scam news were came about cals refinery, so this script in cheap value. Not bad to invest now. if crude reach very high value, cals also recover well,
Answered by jeyamurugan, 25 Dec '09 10:02 pm

 
  
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3.

This comapny hs face value of 1 ruee!And yet start any operation onlu promises! Avoid it!news


BP in talks with Indian start-up to supply crude
Oil major BP Plc (BP.L: Quote, Profile, Research) is in talks with Indian start-up CALS Refineries Ltd (CALS.BO: Quote, Profile, Research) to supply crude oil and buy petroleum products, officials at the two firms said on Tuesday.
Reuters, 25th March 2008

BP to Spice up refinery
BP will enter into a strategic agreement to supply crude oil to Spice Energy for the 5-million-tonne refinery at Haldia being set up by CALS Refineries. Spice Energy is the holding company of CALS.
The Telegraph, 24th March 2008 ...more
Answered by mahabodhi, 22 Jan '09 01:01 am

 
  
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4.

Looks fraud now
Answered by anil garg, 03 Dec '10 01:46 am

 
  
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5.

As you know the production or refinery work has not yet started so the price is cheap the future is really bright but the operation will start in 2012 so wait till then any thing can happen in this stock market .if you have some fear then better to invest in bank fd lic post office. stock market is for daring fellows.
Answered by ASHOKSHARMA, 10 Jan '10 09:01 pm

 
  
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6.

Dear Friend, now you have missed the train. The Cals Refineries is increasing @18%, no chance to bye at .28p.

Sorry Inverster....
Answered by sujit barua, 30 Nov '10 03:09 pm

 
  
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7.

Is production started ? , it will reach to 0.5 Rs. at the end of this month.
Answered by dheeraj chouhan, 17 Apr '12 04:48 pm

 
  
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8.

Face value of script is Re1, Also production of phase-I is not started yet.Hope It will climb up once production started.Hope it will come above 1 Re after 2014
Answered by Benny Davidson, 21 Mar '11 09:12 pm

 
  
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9.

Cals Refineries is simply another bakwaas company with no fundamentals supporting it , it has high intraday volumes but deliverable quantity is less than 2% which clearly indicates that some operators cartel is playing with the stock. Further the stock is quoting at 0.55 yet it is attracting so much of attention.Simply there are no fundamentals or business prospects for this company but because of the operator activity it may move to 1.5 or 2 but its very risky to enter the stock becoz it has more probability to go to 0 rather than 1.5 sooner or later. It may not be possible to exit also once operator offloads their stake.
Answered by anand sarswat, 04 Feb '11 03:57 pm

 
  
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10.

Yes u can bye this and hold it for 4 years it will give you 3times more monye..
on ur investment................
Answered by Nikhil, 31 Aug '10 01:25 pm

 
  
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