Dubious companies: Again and again

How scamsters vanish, and make comebacks, but the market regulator will do nothing

It can only happen in India. Companies that escaped punishment in older scams, continue to be involved in new mischief or dirty deals. Consider this. The Essar group has achieved the most amazing financial turnaround in Indian corporate history—or so we thought. Yes, public sector banks and financial...

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  • AVT Natural Products: Sweet aroma

    AVT has a unique business. Wait for the price to cool off

    AVT Natural Products is a small dormant stock that suddenly started moving up sharply in mid-June—unfortunately, just around the time we stumbled upon its attractiveness. AVT Natural is into cultivation, harvesting, processing and extraction of crops. It makes marigold oleoresins, spice oleoresin and essential oils, and value-added...

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  • Wyeth: Health shot

    This is one of the cheapest multinational stocks

    Wyeth has gone through many avatars as Lederle Laboratories (India), Cyanamid India, a merger with Geoffrey Manners when the name was changed to Wyeth and, in 2009, Wyeth of USA merged with Wagner Acquisition, a wholly-owned subsidiary of Pfizer. Pfizer Inc is now the parent company of Wyeth.

    The company has achieved market leadership in...

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