Each stock is different, if the company is posting profits, then there will be demand, when there are no sales, no profits, there is no urgency to buy, no demand, so sudden movement in the price, and people who want to buy want to buy at a lower price, as the price may remain range bound until it goes up or down.
LIC did not post good numbers, so nothing is happening, and there will be unloading of shares in the future, to bring the promoter’s holding down. Dmart is in demand because it posts good sales and profits, although as price has reached higher levels, it came down, it could go up again slowly. So each case is different.
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