If management is not cross checking before uploading to exchange, then management is not serious, this also makes it sell decision.
I don’t think this is the case here,
They have recently done large branch expansion and Microfinance sector is not doing well at the moment, that is the reason they downgraded their interest rate expectations.
Thank you.
Right now even after this fall, I find everything expensive.
I’m employing Ed Thorp strategy,
Just see the market from the sideline until you find great opportunity and once you see it go heavily. otherwise just see things from distance.
Till then Long term debt funds are good opportunity to make some money.
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