WEIZMANN FOREX LIMITED - Company, directors and contact ...

Weizmann Forex Ltd. From 1400 in jan to 540. Is anything wrong?

Guys, Does anybody have any insights on Weizmann Forex? Current stock price is 512. Numbers in Q4FY18 look bad(-86%) but otherwise it has been a consistent grower over the last few quarters.
Average return on equity 5Years: 21.67 %;
Average return on capital employed 5Years: 30.37 %
Debt to equity: 0.64
Sales Growth (3Yrs): 19.90 %
Promoter holding: 74.77 %
It was quoting at 110 in Jan 2017. Went to ~1400s In Jan 2018 and it corrected massively now. I read the AR of weizmann… studied their balance sheet and the only red flags I see are
a sudden increase in trade receivables to (5,741.34) in FY18 from (1,258.66) in FY17
Other comprehensive Income increase to 2,012.83 in FY18 from 650.14 in FY17.
Otherwise the company seems to be growing quite well over the past few years. No other information is available anywhere. Is anybody in the know of the what is happening?
They also recently announced a buyback of 3.77% at price of 702.
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Terms and conditions for "GREAT FOREX FIESTA" 'Customer' means any individual who makes a forex purchase online from www.weizmannforex.com or from a physical retail outlet (Branch) of Weizmann Forex Limited.. 'Winner' means any customer who has been shortlisted/selected for any prize. 'Order' means a remittance towards tuition fee payment to a university for further/continued education. Why Weizmann Forex Is The Best Forex Service Provider? Weizmann Forex provides the Forex Exchange service at lowest price in the Nashik. We provide doorstep service for forex which makes your travel plan a lot easier. Just sit back and give a call, our representative will reach at your place and solve all your issues related to Forex Exchange. Weizmann Forex Limited is a Public incorporated on 21 August 1997. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. Its authorized share capital is Rs. 105,000,000 and its paid up capital is Rs. 100,010,704. EBIXCASH WORLD MONEY INDIA LIMITED (ERSTWHILE WEIZMANN FOREX LIMITED) EBIX House, Manek Plaza, Kalina, CST Road, Vidya Nagri Marg, Kalina, Santacruz (East) Mumbai 400 098. 022 – 68649800 [email protected] Weizmann Forex Ltd. is a part of the Rs.22 billion Weizmann Group that has diverse interests in Textile Manufacturing, Exports, Hydro and Wind Power generation, Foreign Exchange transactions, Inwar...

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