@Sudhanshu_Shekhar : I entered LAURUS LABS 280 with 50% allocation on October 2020 and held it for 3 years – had made good profit but didn’t book it – main due to Chava’s guidance to reach 1 billion by 2022-2023.
I was not knowing that the engine room was leaking when the rocket had trajectory to the moon – mainly cost pressure and supply pressure.
So I kept holding it and till Q1,2024 result – then due to bad result I exited with anticipation of further fall.
- Lost all money – even good profits
I don’t blame the management or anyone, it was my fault of not be biased towards stock – its just that I speak about it – no one else does
I have taken many subscriptions of who so called as educators, mentors, tutors and had paid them huge amount to know the rationale behind what and why they hold.
It seems everyone had a deep cut – we can discuss this offline
With bad result in – stock kept rising and I was sitting on cash of (35%) – so redeployed it .
That’s when you see SBCL, NEWGEN going down the allocation line
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