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An Internet destination in India, focusing on providing world-class online consumer offerings in India and to the Indian community.
I was looking up Google and comparing some of it's stats to competitors on google finance, when I realized that one of the stocks, REDF, had a negative EPS (Earnings per share), which means it was losing money for each share. (In fact, it was losing 27 cents per share.)With over 27M shares, that means they've lost 7.29 Million dollars.You can see it in their stock price as well. In the last five years, Their price has gone down nearly SEVENTY FIVE percent.I then looked up "rediff.com competitors." One of the top results was from the website. The headline was "Google and Apple are our only competitors."And that is why Rediff.com should go down in comparision to the market.
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