Many investors including me were induced by good numbers and put their hard earned money on this counter. But long periods of agony and non-performance has meant that most of the die hard bulls are deserting the counter.
SOTD, DPS, Athina have already exited.
Googolji is waiting for right opportunity.
Many others are gone.
The management does not inspire any confidence and hence the exodus. Twice, there was low period of morale, and there was a bounce back. People hope against hope that it will bounce back again. May be at that time, there was some reasons like demerger. Now, there are reasons like listing of babies. But not sure what will happen.
In summary,
1. Those who have sold are right because the management does not deserve much respect.
2. There is opportunity loss because the recovery of sensex was not translated in recovery of this counter.
3. Personally, I have stopped taking much interest in this counter and in this MMB. Messaging would do me no good. Nor checking the price every now and then.
4. Further, I am not buying or selling any shares but would wait (my buying is TD alone of 25). I would wait for exit opportunity which may or may not come.
5. In share market, there are profits and losses. My only curse against mistake is that my holding is about 25-30% as against targets of about 10-15% per counter.