the FGD order of 6000 cr out of 25000 cr orderbook comes from Adani. But markets are not rational they will sell a stock for 30% even if there is just 10% logical downfall and in the uomove they will put a stock up 30% logically even if it should go up by 30%. But one needs to be careful while exiting a stock because after the stock falls the reason comes out. I’m quite sure there will not be much impact of adani on powermech but the price has suffered already and it was showing signs of topping for last few months once it touched 2000 for first time so I don’t know if the downfall is due to adani solely.
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