KGN Industries

Now heres one BIG and strange case company which has surprsingly managed to keep its huge marketcap despite not having any noteworthy business whatsoever
its topline and bottonline are as follows

Mar '06		Mar '07		Mar '08	Mar '09	Mar '10
0.98		0.62		186.71	81.43	62.20

0.39                                 1.02                          0.22                                 0.24                                  0.86 

so on a combined 6 year profit of 5 crores it has as of today a mcap of 3900 crores

it was also in the news for its amazing relisting when the price toched 55000 a share ......who paid so much for it nobody knows

the surprsing thing abt this is its not crashed for more then 3 years now pump and dump schemes and laundering  schemes usually   crash  soon after the  operators exit

the promotters information as per the website directors database.com is as follows Arif ismail memon( Mr. )( Son of mr. Ismail gulmohmmed memon) age 43  education no formal education