GDL Leasing and Finance LTD
I bought GDL at an average price of Rs.133.50,I am confused whether to hold it or sell it and invest in any other good stocks.? Vijay kumar
Thebullishtrends : GDL Leasing and Finance Ltd shares closed at Rs.7.21 in Friday's trading. The Delhi based GDL started its operations in the year 1994, the primary activity of this company is Leasing and Hire purchase but the company it's objective has changed and started to keep funds in investments in capital marekts. GLD operations are not upto the mark. The company net profit is also almost zero,the share capital of GDL is just Rs.3crore only. Though this is not a great stock, if you can sell it, then do it immediately, and invest the money in good stocks like RIL/RPL.
