InvestorQ : When Ruchi soya and Alok Industries will crash or I still keep on holding?
krithika Saxena made post

When Ruchi soya and Alok Industries will crash or I still keep on holding?

Answer
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Aashna Tripathi answered.
3 months ago


It is hard to say because there has been speculative froth in both the companies. Ruchi Soya has rallied from being a penny stock to quoting above Rs.1000 per share. After this kind of appreciation in price, the situation remains quit fluid and hence caution is warranted.

Both stocks have shown some vulnerability in the last few days but it is hard to predict the extent and depth of the correction likely. You need to play these stocks carefully.