Categories Tweets Cannibal Stocks = $ Post author By Raoji Post date August 30, 2016 1 Comment on Cannibal Stocks = $ Cannibal stocks are stocks which reduce their own equity Source: Nilesh Shah Share this:FacebookLinkedInTwitterWhatsAppEmail ← How to make $2 Billion → On Honest Modi ,PSU Bank Chiefs & Real Estate Winter One reply on “Cannibal Stocks = $” PE has increased from 15.34 to 19.06 only. Much of the price increase is because of reduction of outstanding shares and not improvement in business performance. And that’s why despite increase in share price by 30 times, PE has increased only by 1.24 times. Pity on such maneuvering and manipulation. Sustainable price increase can happen only through improved business performance and not by juggling figures here and there. Market understands these all gimmicks. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Notify me of follow-up comments by email. Notify me of new posts by email.