Pipavav shipping

I have Pipavav shipping of price Rs 68
Should I hold or sell it ?

 

You need to hold it. Taking over of pipavav by Mr Anil ambani proved to be a dampener as there is always a question mark as far as corporate governance goes. There is a delay in taking over, hype is plenty , orders won are none but then it is a long term bet. So hold on but watchfully . It may turn out a winner. One more advice...you always need to know what you are getting into....

 

Thanks
I purchased when news about restructuring of debt popped up and I thought that some good will happen to this stock

I am a longterm investor so I went for it

By the way thanks kartikeya, for your guidance

 

It is now going into defence projects too. One thing to note is that some of these are long gestation projects so it is better if you find out as much information about the company as you can and once you are convinced you must be patient to hold them for a long period of time.