Sell Assam Company on suitable opportunity: Rajat Bose
"If I get my price, I would sell it since I am also a shareholder because this company is full of promises but ultimately on stock price performance, your expectations have belied going forward."
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| Updated: Rajat Bose, rajatkbose.com in an interview with ET Now talks about Assam Company.
What is the call on Assam Company?
If I get my price, I would sell it since I am also a shareholder because this company is full of promises but ultimately on stock price performance, your expectations have belied going forward. Only around the time when there is some news event, you would find some activity thereon.
As of now from a technical perspective, it needs to cross 19.50 to about 22 odd level before it moves further up. Around 22-23, it would once again meet with some supply pressure but this stock is range bound, flattish. It is not an investor’s stock. Getting a suitable opportunity, I would exist and I would ask others to do so as well.
What is the call on Assam Company?
If I get my price, I would sell it since I am also a shareholder because this company is full of promises but ultimately on stock price performance, your expectations have belied going forward. Only around the time when there is some news event, you would find some activity thereon.
As of now from a technical perspective, it needs to cross 19.50 to about 22 odd level before it moves further up. Around 22-23, it would once again meet with some supply pressure but this stock is range bound, flattish. It is not an investor’s stock. Getting a suitable opportunity, I would exist and I would ask others to do so as well.
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