Crucial Support Broken
Short term view: Sell on Rally as it will take another quarter to reconstruct the price.
Long term view: Hold as: Discontinued operations at the leased facility (6,000 MTPA) and commenced operations at the new processing plant in G. Ragampeta(20,000 MTPA). The financial impact will be for short term due COVID-19.
Short term view: Sell on Rally as it will take another quarter to reconstruct the price.
Long term view: Hold as: Discontinued operations at the leased facility (6,000 MTPA) and commenced operations at the new processing plant in G. Ragampeta(20,000 MTPA). The financial impact will be for short term due COVID-19.
As the correction in market is temporary, keep track of good counters.