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Is Jiya Eco still a buy at 7 rs

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Is Jiya Eco still a buy at 7 rupees

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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.

Futurecaps Advisor

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