InvestorQ : I have purchased suven shares after demerger for 35 rsa a couple of days back. it reached up to 60 and now price falling down, tried to sell down not possible, can anyone explain or guide what to do about the shares
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I have purchased suven shares after demerger for 35 rsa a couple of days back. it reached up to 60 and now price falling down, tried to sell down not possible, can anyone explain or guide what to do about the shares

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Archita Jajjoo answered.
6 months ago


The stock is still quoting at Rs.48 and your reaction should depend on whether you are a trader or an investor. If you are a short term trader, you can still take profits around the Rs.50-55 range. That is a good return. If you are a long term investor then you can hold on because this is a niche player in the API space and it is available at a P/E ratio of just about 3.2 times. You can take a call accordingly.