RESULT IS NOT BAD- HOLD TIGHTLY AS MUCH AS YOU CAN FRESH ENTRY

Results not bad check them personally if u understand the financials, instead of depending on others comments, Annual profit is same as of last year and quarterly profit is comparatively low, overall not a bad result company is in profit, may see progress in current year so hold tight and accumulate as much as u can.
In Capital Good industry Please do not see Quaterly Results . You have to see yearly Profits and Growth. Having good technology and design. Best in Plastic extrusion Machinery in India. Having good European technology. Monopoly products in some segments in plastic extrusion. Good Price Available. Very less floating share in markets. Having 67 % promoter holding . Must BUY at this level DO NOT SELL. It will back bounce. See in down side very less volumes. - My target for Rajoo Engineers is Rs 25/- to 40/- for the mideum  as long term with a stoploss of Rs 16/-