The lithium battery announcement is nothing new.It has been declared in mid 22 and was clearly described under low growth opportunities in annual report released in Sept 23. So this is not a cause of price movement in any way .A month ago ,the share price was at around 440 and it crossed 540 in anticipation even before the results came .Good results took it to 600 but profit booking and panic selling has caused the price action since then. Since there was no fundamental reason for the move from 440 to 540, no fundamental reason needs to be assumed for the fall from 600 to 530.
Disc: Invested .
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