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Future Retail

Dear Friends,

Though Future retail has massive reserves but when it comes to financial status, it has pledged the shares amounting to Rs.5.64 crore which is not a good sign for a growing company. With ROE of just 6 as per last figures available its OPM is going down. One should buy/hold this stock only for long term unless there is some positive trigger, new based to bring a drastic change in its prospects, as a stock. As for pledging the share holders must raise the question with management to know about the purpose for which the shares have been pledged. It being their right as partner in the company.

Tilak
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