Stock Query

I have buy kaveri seeds @477, For time period 6 month. What i expect ?? Exit or wait

 

Best to hold on to the stock I think. Most of the bad news is already in the price. See what happens after Q2 results and then decide:

Cotton woes haunt Kaveri Seed
The company, usually known to report strong double-digit growth in revenue, saw its sales drop almost 20% in the last quarter

Excessive dependence on one product has proved costly for Kaveri Seed Co. Ltd. The company, usually known to report strong double-digit growth in revenue, saw its sales drop almost 20% in the last quarter. It lost market share for the first time in recent years and warned that cottonseed sales in current fiscal year can be significantly lower than in the previous year.


Unattractive cotton prices and the resultant shift in acreages shrunk the market for cottonseeds. Cottonseed volume fell 26%. The sales would not have been hurt this badly had the company not refrained from participating in high-credit markets, fearing bad debts. The reduction in prices by the Maharashtra government also made it withdraw from the state for brief period, losing sales.

https://www.livemint.com/Money/pNN4vPHDwU3WSCRoGHLaMN/Cotton-woes-haunt-Kaveri-Seed.html

 

Icahn Sir, Do you mean to say that We should exit from Kaveri seeds stock ?

 

Icahn Sir, What is your view on Rollatainer? I hold it. After split, it seems to have crashed. Will it fall more or rise again?