I would encourage you to pursue your own research such as,
1. Emailing the company
2. Calling up company secretary by phone
without anyone’s support and arrive at your conclusions about these microcaps.
Leader of “Bindis” Shilpa Brand, declining buggy whip industry but trying to establish Instinct de odourant brand etc, debt is concern.
Go though Annual Reports 2010 – 2012 (www.omnitex.com). Issue 7 of magazine at Glen Raven website (http://www.glenraven.com/raven.php?lang=en) and Strata India website (www.strataindia.com). Understand Geosynthetic Industry.
Sale of apartments and agri culture play. Back on dividend list and fertiliser outsourcing. Can’t lose money but long term growth is uncertain.
What I can tell you is that they don’t deserve more than 1-2% weight of portfolio if considering them for long term just yet.