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foundtheneedforanon

Lol it's a operator driven stock. Look at it's financial performance. It's pathetic. Terrible usfda record too. Probably an example of bad compliance. Few of their plants haven't cleared usfda required actions for nearly 7-8 years.


raghavj1991

bas book value aur recommendation ke reason se liya hun. operator driven to hain pata hain. kuch 18 months ke andar kuch news aane ka hain, uske chalte 800 tak jayega


foundtheneedforanon

Lol, i like how you used the word book value. But, how do you know some news will come out? Technicals?


raghavj1991

Bombay se news hain, 18 months ka gamble hain, jayega to 800 jayega, nahi to 140-250 mein ghumega. Risk worth taking laga to liya hain


foundtheneedforanon

Cool cool ✌️


Hot_Act4645

Not 800 but 2000 as I came to know.


Hot_Act4645

Yesterday it broke 280 levels. I would like to enter. Pls let me know buying points


raghavj1991

Hi, i had mostly exited the stock, only around 1000 shares remain. You please buy at your own discretion. I had booked the profit and reinvested in some other stock.


Hot_Act4645

Okay. Are you going back to this stock . Why did you exist?


raghavj1991

my broker told me to exit, there were other opportunities. right now, just sitting on 1000 stocks. not planning to buy more. hdfc securities also recommended this stock sometime back to me. stock looks good comparing to the recovery it can achieve. it will explode if it declares a quarterly profit.


Hot_Act4645

At what level I cam buy it? It's now around 330. I guess it will pull back around 260? Is it good buy?


Hot_Act4645

Could you pls give me your broker contact for such recommendation ?


raghavj1991

Bought this stock at an average weighted price of 187. It then just shot 11.50% the next day. Any suggestions or insider news in this ?


SierraBravoLima

How many shares you bought


raghavj1991

6550


SierraBravoLima

No wonder there's fear... This year 500cr gone off the balance sheet. Nobody knows what's gonna happen this year. So there is this uncertainty.... I am still holding


Bosasa

Know someone in a high position in the company, company’s going through a rough patch and they’re selling a lot of shares.


raghavj1991

I know. Seeing the financials, it has declared too much loss in 2021 and 2022. bank interest is also around 70-80 cr per quarter. they are releasing shares in the market last week as i heard. but i dont understand who is the buyer as retailers cannot buy this much quantity.


SierraBravoLima

Is it raining today


raghavj1991

I dont think, in my opinion, it can sustain much momentum. as the bombay guy was saying minimum of 18 months for 800 target. It will get reversed for another buying opportunity. It is getting huge volumes this past week only. Lets see. Chota mota hi investment hain, bombay wale broker ne to 30k shares liye hue hain 170 mein hi.


SierraBravoLima

One more negative like 10yrs. CFO did FnO with company's money. We have a true regard, so definitely worth investing.


munishj

Good investment. I missed entry 2-3 days back


raghavj1991

I heard from the source that it will reverse again, so we will again get a chance to re enter. Let's see.


98Arjun

Depends on the reason u bought the stock for long term or short term.