Gmm pfaudler

They purchased at a very high price and the stock fell off the cliff.

When a company purchases something beyond its size, the pressure on the performance is expected. We saw it in Zydus wellness when company purchased other company of same size. However, the deal was lucrative and so under performance was for couple of years.

Here you have to analyze the under performance and at what price one can consider investing in the company (if anyone is considering to invest)

I think the stock price will settle around 4k to 3k range but will prefer it to settle and let all the stuck investor book out and then one can consider. So my view is, avoid in 2020 and 2021 but keep an eye on it if it becomes lucrative in the current pessimism.