Globus Corp 531904

Name of Company	Globus Corp
BSE Code	531904
NSE Code
ICICI Code
Established
My Take	Dislike
Headquarters	Mumbai
Promoters
Story	Company changed name from Karuna Cables to Globus corporation. Very low profit margins. In fact, profit is not even in lakhs for the past 3 quarters. Previously it has shown a few crores in profit as well.
Sector	Trading
Sub-sector	Manufacturing of ACSR and AAAC power conductors. Trades in electrical and electronic items and lot of other items.
Website
Positives
Negatives	12% stake for promoters. Face value Rs.2 is quoting between 50 paisa and Rs. 1.8. Seems to be handled by operators.
Peers