Hello Members, Pls suggest what to do with Aadhar right now? Anyone holding it since IPO? I was looking to hold it for atleast 2 years but since this is consistently falling even though the markets are going up.. Please suggest what should be done here .. Is it good enough to hold for long term .. I have done a similar mistake by selling HAL and Zomato IPO due to fear and still sobbing but is Aadhar similar to those ??
697.1. CoolAsh| Link| Bookmark|
May 24, 2024 1:42:27 PM
Top Contributor (700+ Posts, 100+ Likes)
@Adityasingh I have two sHNI lots and I am holding. Fingers crossed for the Q4 results due on 29th May but I feel real value unlock would happen after June 2024 results.
You should not be worried about daily fluctuations If you really wants to hold it for 2 years. I am seeing good appreciation after election results.
697.3. CoolAsh| Link| Bookmark|
May 29, 2024 8:24:24 PM
Top Contributor (700+ Posts, 100+ Likes)
QoQ results are flat but YoY results are quite good. Looks like it will sustain margins. May not move up much in short term but a good bet for 1 year horizon. I will hold
697.4. CoolAsh| Link| Bookmark|
May 29, 2024 8:25:40 PM
Top Contributor (700+ Posts, 100+ Likes)
@Adityasingh But I must add that there is no comparison for sure between Aadhar versus HAL or Zomato. This will move up very likely but slower, thats what I feel
@Lucky Mohit Yes, sessions were held with certain objective of testing preparations for disaster recovery and not for normal trading therefore volumes were obviously low. Even circuit limits were set to just 5% for all the counters for these special sessions.
BSE circular said that the special trading session will be split into two parts. During the first phase, a 45-minute session will run from 9.15 IST to 10:00 IST. Another live trading session is scheduled to take place between 11.30 and 12.30 IST.
One more thing, delivery volumes are high for aadhar, Indegene & TBO Tech. Gives indication that fundamentals are strong & someone is accumulating for long term.
I was alloted 2 BHNI shares in Aadhar..There was an initial frenzy to sell on listing day at no profit/no loss... Some members did advice to hold, since the fundamentals & anchor list were good...
I didn't panic and held on to the shares..Today felt is was a good decision...