Jiya Eco which was a Growth Multibagger among many analysts lost its sheen due to:
- Anomalies in Financial Reports
- Bogus Subsidiary Companies
- Credit Sales Error
- Corona Impact on Top of It
- Currently Company is Booking Losses
We would suggest wait for a Positive Quarter, Confirm the Corona Troubles are Over & Also the Management is Prudent, then Buy for long-term.
Until then stay away from this counter.