Shalimar Paints down by 32% from peak

Shalimar Paints is a stock that has attracted widespread interest following the news that well-known investor Mr Porinju Veliyath  has taken a significant exposure to the company. Back on 14 May, I had written a blog post urging caution, as there was a good chance for...

Buyers beware: Shalimar Paints trades at 85 PE

The stock in focus today is Shalimar Paints. A picture is often worth a thousand words. In our case, it could be worth thousands of dollars! Shalimar Paints is up 12% on Friday, May 12, 2017. The headlines at the top of the image below is dated 22 April, 2017. And the...