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Zydus wellness

Discussion in 'Fundamental Analysis' started by abhijitupsc, May 17, 2019.

  1. abhijitupsc

    abhijitupsc Contributor

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    Why such a sharp decline today? It's a good proxy play on consumption..Quite unusual..I couldn't find any reason..

    Is it because if show cause notice by BSE?

    Sent from my SM-J810GF using DIY Technical Analysis mobile app
     
    abhijitupsc, May 17, 2019
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  2. shabbir

    shabbir Administrator Staff Member

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    3 to 4 % decline is pretty normal for any stock with such less volume.
     
    shabbir, May 17, 2019
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  3. shabbir

    shabbir Administrator Staff Member

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    That notice has been replied by the company couple of days back already and so don't see it an issue. It was asking of new report and update is Zydus has no connection. Cadila was involved in the news of the pharma company.
     
    shabbir, May 17, 2019
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  4. abhijitupsc

    abhijitupsc Contributor

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    abhijitupsc, May 17, 2019
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  5. shabbir

    shabbir Administrator Staff Member

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    shabbir, May 18, 2019
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  6. nirajshah

    nirajshah Champion

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    nirajshah, Nov 13, 2019
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  7. shabbir

    shabbir Administrator Staff Member

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    I will keep holding because the loss is not much as compared to the growth. Also loss less than Ad spend or the interest part. Again, the take over has proved the high burden of interest as inevitably but as long as the whole year EPS doesn't end up being eaten by debt, it should be all fine.
     
    shabbir, Nov 13, 2019
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