CMP: 15

Kingfisher Airlines Ltd. provides scheduled and unscheduled air passenger services, including helicopter charter services.

KFA is a dead stock for investors. It has debt of 8000 Crores with cash of 182 Crores in hand. KFA has made consistently growing losses in the last 5 years. They are still making losses every quarter. They are unable to pay wages to its employees and have been forced to cut operations. Some can expect that FII's can jump in and turn around the company. I don't see any reason why FII would want to invest in KFA. They should rather be interested in SpiceJet. Traders with hopes on FII should invest in SpiceJet rather than KFA. KFA stock price has been dipping from 350 in the last few years and its more likely to keep dipping.