Why is Amara Raja Batteries plummeting despite good result?

mastermind007

Well-Known Member
#2
#3
If you think that it is bullish, start accumulating.
That is fine but I would like to know when a company is posting good results and other parameters are fine then why did the stock price fell 6%

After that day overall market sentiment went bearish and entire market was correcting and coming down due to other global cues as well. So its fall from that point on wards is acceptable but that 6% fall is still unjustified.
 

ashu1234

Well-Known Member
#4
That is fine but I would like to know when a company is posting good results and other parameters are fine then why did the stock price fell 6%

After that day overall market sentiment went bearish and entire market was correcting and coming down due to other global cues as well. So its fall from that point on wards is acceptable but that 6% fall is still unjustified.
Everything is justified in market. To ease your worries just think that people who have accumulated very well below "that point" have booked profit, and due to slow down uncertainties, they may well sell it to the point from where they initially bought, coz its fair and justified for them. So if someone is coming to the market and put a flagpost to certain time and event and claim it that ground doesn't makes sense, coz there are other significant players in market too.
 

Similar threads

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Name:Phone:
Email:City:
State:
Are you a day trader?