NCL Research

Another Other Financial Services company which has shot up without any paticular reason from 27 to 209

any increase in profits ? any unlocking of val;ue ? any sale of land ? NOTHING

Here is the topline and bottomline

2009 - 10 2008 - 09 2007 - 08 2006 - 07 2005 - 06
Revenue 3.59 9.57 0.70 0.02 0.02
NP 0.06 0.07 0.01 0.00 0.00

Management - NCL Research
Name Designation
Vijay J Poddar Chairman and Managing director
Giriraj Kishore Agarwal Independent Director
Gautam Bose Independent Director
Manish Baid Whole Time Director
Laxmi Narayan Sharma Independent Director

how independant is giriraj kishore aggarwal well whichever company he is associated wih (be they the 5 in one room companies) or companies such as ncl they just shoot up for no paticular reason
In 2020 SEBI MAY wake up and find out there was circular trading there in 2030 it may give a fine of 1lakh

ok we have independant directors now lets see who owns 10 percent of this company ........
NCL RESEARCH & FINANCIAL SERVICES LTD.

Scrip Code : 530557 Quarter ending : December 2010

Shareholding belonging to the category
"Public" and holding more than 1% of the Total No.of Shares

Sl. No. Name of the Shareholder No. of Shares Shares as % of Total No. of Shares
1 Lily Abasan Pvt Ltd 39,700 1.17
2 Swpanpuri Tradelink Pvt Ltd 40,000 1.18
3 Mini Builders Pvt Ltd 42,500 1.25
4 Mangal Keshav Securities Ltd 63,900 1.88
5 Uttam Commodities Pvt Ltd 65,000 1.91
6 Kohinoor Vincome Pvt Ltd 67,384 1.98
7 Manimundra Vincom Pvt Ltd 54,000 1.59
8 Right Aid Consultants Pvt Ltd 86,000 2.53
9 Rupak Develppers Pvt Ltd 80,304 2.36
10 Welldone Commodities Pvt Ltd 95,000 2.79
11 Laurel Securities Pvt Ltd 52,000 1.53
12 Silverpearl Trading Pvt Ltd 153,257 4.51
13 Saikat Tradelik Pvt Ltd 165,000 4.85
14 East India Securities Ltd 227,500 6.69
15 SMC Global Securities Ltd 336,400 9.89
16 H Mahaveer 35,000 1.03
17 Amrik Singh Nagpal 36,000 1.06
18 Pravin Vasant Mehta 45,978 1.35
Total 1,684,923 49.56

with shareholders like smc and directors like aggarwal is it any wonder it moved from 27 to 209 and is now in continious upper circuits of 2 percent ?
at least BSE kept the circuits down to 2