Sahyadri Industries

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Arya_v_100, Jul 13, 2015.

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Can you please advise if I can make some profit in Sahyadri bought @ 103 and holding period ?

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  2. Wrong

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  1. Arya_v_100

    Arya_v_100 New Member

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    Hi..I am a frequent visitor to this site and found that Porinju Veliath has invested in Sahyadri Industries. Taking a cue, I have also bought 1000 shares @ 103.8 but immediately the share has gone to 99. Can you please advise if I can make some profit in it and what can be the holding period
     
    Arya_v_100, Jul 13, 2015
    #1
  2. jewelma

    jewelma New Member

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    jewelma, Jul 13, 2015
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  3. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    My God! Is this the way to make an investment? How can you buy a stock only because some well known investor has bought it?

    I suggest you make up your mind on whether you would like to be an "investor" or a "trader". An investor will never invest in a stock without checking the fundamentals and the valuations. The investor will buy for the long-term and not be perturbed by price movements, if the fundamentals are still intact.

    On the other hand, the trader will buy based on news and rumors but he will also keep a strict stop loss. He has a short-term view and will exit the stock on a slight gain/loss.

    I suggest you decide even at this stage what you want to be and then take the appropriate action.
     
    Meenakshi Razdan, Jul 13, 2015
    #3
    Krishna likes this.
  4. stockguru

    stockguru Active Member

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    If you are an investor and you are bothered by 4rs loss then I guess investing in stocks isn't for you. You should look at other avenues like fixed deposits or ncds of reputed companies where your capital would be protected. Also if you are an investor you should do research first and then invest and not vice versa.
     
    stockguru, Jul 13, 2015
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  5. Ghanshyam

    Ghanshyam New Member

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    Its not a fake news. Please see bulk deal data of BSE of 9 july 2015. Porinju has indeed bought 50000 shares of Sahyadri Industries. But I believe people should also see the worth of the company before investing. In my opinion Sahyadri is a very good company and it has all the ingredients of doubling from 95 levels.
     
    Ghanshyam, Jul 13, 2015
    #5
  6. jewelma

    jewelma New Member

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    Sorry..I checked it and its true...
     
    jewelma, Jul 14, 2015
    #6
  7. good stocks

    good stocks Active Member

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    Today moved up to 102....
     
    good stocks, Jul 15, 2015
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  8. good stocks

    good stocks Active Member

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    Today made ahigh of 105.60
     
    good stocks, Jul 16, 2015
    #8
  9. cijovarghese

    cijovarghese New Member

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    this is a good pick .stock is trading below book value and OPM doubled.
     
    cijovarghese, Jul 16, 2015
    #9
  10. sunil.deshmukh

    sunil.deshmukh New Member

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    eyes on 3 levels to bk out as per ur appetite
     

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    sunil.deshmukh, Jul 17, 2015
    #10
  11. sagaya

    sagaya New Member

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    nicely said stockguru
     
    sagaya, Jul 17, 2015
    #11
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