Business Overview
Beeyu Overseas was in business of Tea Plantation. It has tea garden in Ooty Tamilnadu. It came out of Tea plantation business in year 2009. Since then Company is looking for new business opportunity.
Stock Performance
Above is long term price performance chart of the Stock. It was trading at levels of 2.5 INR in year 2014. Since then it has made new lows every year. This is understandable as Company does not have a sound business after exiting from Tea plantation business.
Investors have lost money in this counter.
My Opinion
Beeyu Overseas is not in any business as of now. It was in tea business before. But it does not mention about new business entered after exiting from that one.
So why would you invest in a Company which does not have a running business. I would not suggest investing in any Company like it. You should leave these risky bets to top investors because they have risk taking ability whereas retail investors should think of protecting capital and taking lesser risks.