Stocks can fall 5-10% anytime due to selling pressure. If everytime a portfolio stock falls, I have to get worried, I cannot be an investor.
Here in Usha martin if you have read the threads in detail, its a well known fact that Prashant Jhawar is a seller in the stock off and on. He is a part of promoter group but not involved in running the business and probably might be planning to exit his holding over a period of time…
There could be other sellers with their own reasons…
As investors our primary and razor sharp focus has always got to be on the business of the company, its growth plans and how they are executed and how they play out in terms of numbers. For that one needs to read annual reports, concalls etc and detailed threads on VP.
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