Lanco industries is one of the worst performing industries, they are consistent for sure that is not in growth in downfall. They are the top in poor performing infra companies.
I investedi in their shares 3 years back at 23/-rs per share and now the company share is 2.90/-Rs. I am middle class person they have just taken our money to invest in their industries or to maintain their luxuries. I am in damm loss now and there are no hopes fo recovery.
I am sure even dont try to buy their share now at 2 Rs also still they will come down to 1 Rs and you will be in loss. Lanco people are maintaining luxuries with our money.
So my request never invest in this company you will be in loss for sure. The share is down and down from the last 3 years and the trend continues. Now I have learn a costly lesson by investing lots of money. LOSS is LANCO and LANCO is LOSS.remember this.