Bampsl Securities Share price

The Company was incorporated on 3rd February 1995 underthe Companies Act 1956 and got the certificate ofcommencement of business on 20th February 1995 with themain object of undertaking the business of brokingMerchant Banking Registrar to the Issue and other allied services.PRESENT BUSINESS OF THE COMPANYPresently the Company is investing its funds in the primaryand secondary markets. The Company started the operationof securities trading in Feb 1995 and achieved a turnoverof Rs. 30.40 lacs in a short span of 3 months.FINANCIAL HIGHLIGHTS OF THE COMPANYThe company has adopted the accounting policy of valuingstocks of shares at cost. If Investments and stocks intrade are valued at cost or market price which ever islower than the value of closing stocks as on 8th December 1995 (the date upto which audited accountsare available) would be Rs. 30.51 lacs which results inlowering of stocks by Rs. 3.90 lacs as compared to thevalue shown in the audited accounts.