1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Amararaja Batt

Discussion in 'Technical Analysis' started by muraleekaushik, Apr 8, 2021.

  1. muraleekaushik

    muraleekaushik Member

    Joined:
    Mar 26, 2019
    Messages:
    13
    Likes Received:
    11
    Hi Mr. Shabbir,
    Any specific reason for Amararaja stock sliding from 1025 to 835
     
    muraleekaushik, Apr 8, 2021
    Share #1
    shafiplkd, nirajshah and rbathri like this.
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Entry of Tesla in India along with the statements of Elon Musk that Lead Acid Batteries being a very old technology. Can be disrupted
     
    shabbir, Apr 8, 2021
    Share #2
    nirajshah likes this.
  3. nirajshah

    nirajshah Champion

    Joined:
    Aug 17, 2016
    Messages:
    546
    Likes Received:
    302
    Do you think it is now a value buy or it is a value trap??
     
    nirajshah, May 11, 2021
    Share #3
    shabbir likes this.
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    I am of the view it is a company which can be disrupted. So I will like to avoid it.
     
    shabbir, May 12, 2021
    Share #4