penny stock

Sir,
I am intrigued by some of the shares for which i need your guidance.
The value today of one of the share is RS 1326 and they are called penny stock and comes under T group.when i checked the share deep of their credibility , they have low capital and their EPS is Rs 474 and the book value Rs 2900 and debt of meager rs 57.33 .Now my question is why not invest in these company as i feel they give good returns than most well valued scrips.I love my money more than my scrips and so why not invest in this scrip?? Pl advise.

Originally Posted by mohan55

Sir,
I am intrigued by some of the shares for which i need your guidance.
The value today of one of the share is RS 1326 and they are called penny stock and comes under T group.when i checked the share deep of their credibility , they have low capital and their EPS is Rs 474 and the book value Rs 2900 and debt of meager rs 57.33 .Now my question is why not invest in these company as i feel they give good returns than most well valued scrips.I love my money more than my scrips and so why not invest in this scrip?? Pl advise.

You did not mention the company ... Mention it and i will share my views on it

the Name of the company is " polson "
Their 52 week low is Rs 280 and high is 2400+.

Originally Posted by mohan55

the Name of the company is " polson "
Their 52 week low is Rs 280 and high is 2400+.

I just checked this company ... Penny cap, 15 Crores market cap ... For a market cap of 15 Crores, debt of 57 Crores is high ... Volume of shares traded, looks too low and risky (Once you buy, can easily hit lower circuits) ....

Their website product page, says its under construction (Polson Limited - Our Products), which does not say much good about the company.

Investing in polson will be gambling, unless you have solid positive reasoning and insights on this company