i bought 500 shares @ 101.5 the share price is going down since i bought what should i do? hold or book loss and switch over to another stock? kindly suggest
the peak for this stock has been around 125 and nothing suggests it may cross this in near future.renuka or balrampur are better bets in sugar.engineering sector in triveni is under pressure and company is loosing reputation fast.
dear strohs,in a momentum dhampur can go up but it is not a well managed company.present young management does not have a good reputationin the market.many time in the past,they were on the verge of selling off their plants,future planning is erratic and whomsical.avoid if you can.
rear amit,this stock is managed by very smart people,it will go up to 175 only when management wants to pick up money from market for some project and then within 6 months or a year go back to 20 rs level where management will buy back from small holders by passing board resolution and using brute strength of promoters holding.they did it 5 years ago when they forced small shareholders to accept 23 rs for a share for which we had paid 150 rs plus at issue/merger time.no two comparable tear to year balance sheets have come out in last 20 years except when doom is to be projected,company has entered 20 collaborations in last 10/15 years and all but 2 or 3 could last 1 year.this is the smartest non marwari run punjabi company
Hi Bharat! I tried to find out more about the Management of the company and got an insight that the Young Management is dynamic n is well prepared gain maximum in this demand supply mismatch.. Any specific reason of ur views above
dear stroha,some people can start a venture,some can run one sucessfully and the best of the lot can start and run an enterprise.triveni management is none of these three.they are good talkers and have mistreated shareholders many a time in past.every new market venture ends up investers loersing thier money and promoters cornering all.remember trivenis past issues.pl. ask your friends comments.present chairman has used his contacts with rajiv gandhi and is a smart person.you can not say this of the new generation.sugar market goes up they make money that is all,regards
dear stroha,some people can start a venture,some can run one sucessfully and the best of the lot can start and run an enterprise.triveni management is none of these three.they are good talkers and have mistreated shareholders many a time in past.every new market venture ends up investers loersing thier money and promoters cornering all.remember trivenis past issues.pl. ask your friends comments.present chairman has used his contacts with rajiv gandhi and is a smart person.you can not say this of the new generation.sugar market goes up they make money that is all,regards
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