Seems like some buying opportunity is getting created (due to market crash on Monday). Worth to wait and watch, let the price stabilize a bit and one may think of accumulating this debt free company on price dips.
Max it may go another 5% down.it will bounce back .. company is good,however due to broder market conditions and due to LM it is going down..better price to enter now.
To me fundamentally it seems to be a good stock to hold. Crash in this week (till Thursday) was likely due to overall market sentiment. Because IRM energy (from the mainboard) crashed on listing in spite of getting oversubscribed.
However, do your own independent analysis before making any decision.
Note: If no one sells at a lower price then there is no way the price can fall, as there will be no transaction at a lower price.
Bought one more at LC.weak hands will go out...this is a debt free company with good future prospects and will reward patience investors in short term.
Oct 18, 2023 B ROHAN GUPTA 92,800 84.72 Oct 18, 2023 B MANSI SHARE AND STOCK ADVISORS PVT LTD 80,000 82.41 Oct 18, 2023 B RAJUL DEVIDAS SHAH 64,000 86.10 Oct 18, 2023 B PRITI SHAH 64,000 86.10 Oct 18, 2023 B YUGA STOCKS AND COMMODITIES PRIVATE LIMITED . 80,000 86.09 Oct 18, 2023 S NIKUNJ STOCK BROKERS LTD 1,64,800 86.10
Read more at: https://www.goodreturns.in/company/committed-cargo-care/bulkdeals.html
This company has good fundamentals. It has shown growth in profit, one can verify the same by looking at balance sheet of past few years on company's website. In my opinion, it's good script for long term.
Bought 2 lots in preopen Selling appears to be quite heavy. Once UC was broken and price came down to 84 Out of 32.44 lakhs of equity offerred , about 47% has already been traded Being T to T , earliest I can get out is tomorrow when shares get transferred to my Demat Account Hope that there is one more UC tomorrow , though chance are not that bright , and allows profitable exit. Views , advice and comments of our Seniors and Experts would be welcome regards
150. AMIT IND| Link| Bookmark|
October 18, 2023 10:28:46 AM
Top Contributor (500+ Posts, 100+ Likes)
No major fire work expected tomorrow also as those 14 lakhs shares bought in pre open may be sellers tomorrow ( some of them) Today also lack of interest seen in pre open. Good luck