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Amara raja batteries

Discussion in 'Fundamental Analysis' started by abhijitupsc, May 6, 2019.

  1. abhijitupsc

    abhijitupsc Contributor

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    With the amount of pressure it has sustained so far, I still think the bottom is yet to be formed..Was the discontinued agreement such severe to warrant such a sharp fall?

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  2. shabbir

    shabbir Administrator Staff Member

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    The slowdown in auto sector is the sole reason but I am still waiting for the results to take a call.
     
  3. abhijitupsc

    abhijitupsc Contributor

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  4. nirajshah

    nirajshah Champion

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    Are you looking to book out.

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  5. shabbir

    shabbir Administrator Staff Member

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    No such plans. Evaluating options to add more.
     
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  6. abhijitupsc

    abhijitupsc Contributor

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    This slowdown in auto sector is a good opportunity for selective contra bets,IMO..I am also waiting for bottom outs..

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  7. shabbir

    shabbir Administrator Staff Member

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    Instead I am accumulating Page Industries. With every fall in 1000 Rs. I am adding 4 to 5 units to my portfolio.
     
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  8. abhijitupsc

    abhijitupsc Contributor

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  9. nirajshah

    nirajshah Champion

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  10. shabbir

    shabbir Administrator Staff Member

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    Has been keeping the same view. HOLD.