Good Morning Friends -- watch to - GINNI FILAMENT --

 Come back after some days because  i have personal problems, My confidence in Ginni Filaments and the entire cotton yarn industry turning around will be put to test on January 29 when Ginni Filaments will announce their quarterly results. There will be some cues from the results of Maral Overseas and Super Sales one day earlier because they announce their results on January 28. There seem to be encouraging and bullish voices for the cotton and cotton spinners from what the management of Vardhman Textiles and Indo Count said in their earnings concall last week. In fact Vardhman plans to put up a 1 lakh spinning unit to take care of their increase in captive demand. The biggest confidence booster for me for Ginni Filaments is that the management want to increase their stake in the company by way of a preferential issue. Who knows they themselves may have depressed the share price to prevent any resistance to the preferential issue because they are issue price is Rs 10. A lot of people have stopped tracking Ginni Filaments financials because its not there on the BSE.. probably some default in their part. But you can read all the Quarterly Results and even the Marxh 2020 Annual Report on the NSE under the corporate announcements for the company. Once the results are more widely known I think it will be difficult for the market to ignore the share and it should witness a very sharp increase in the share price. Do check out the results etc on the NSE