Siemens India which was about to breakout above 4000 suddenly was languishing near 3350. I thought the result was poor and maybe the stock was beaten up.
But, the reason was something else.
Siemens India sold its low voltage motor business to its promoter for peanuts ~ 2200 crore. While it was giving 7% revenue.
Now I am scared to invest in individual stocks. After Japan index information was shared i was scared to invest in index. Where to invest and get peaceful sleep also?
Did you know you cannot reply to message in this forum with only two alphabets such as FD.
The return message is “The post should have minimum 4 characters”.
Even Tradingqna does not like FD. But I overcame the restrictions by input FD…
Nobody likes FD
Disc: Wondering what difference it makes between 2 and 4 characters…what could have been the logic in setting up such validation by the IT vendor…