APCOTEXIND [Rs 528]
In the balance sheet as on 30-Sep-2022, there is sharp increase in CWIP and Borrowing.
Is this the reason or something else, that even after July-Aug-Sept-22 result which is improved YoY, the stock price is sliding. Down 10% since result announced.
I bought just before result announcement [observing improved RSI] based on technical, and now sitting on 10% loss.
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