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Should I Hold or Sell My 125 Mobikwik Shares Bought at Rs 549?

Samraat Jadhav |2575 Answers |Ask -Follow

Stock Market Expert - Answered on Jan 15, 2025

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more

Question by AMIT on Jan 15, 2025Hindi

Money

Sir I have 125 shares of Mobikwik which I bought for Rs 549.

Ans: ok, so what was your objective behind buying these? short term, long term or trading?

Asked on - Jan 15, 2025 | Answered on Jan 16, 2025

For some profit in the short term.

Ans: Declared Results in Past One Week, Showing Declining Net Profit QoQ due to this it may go below the listing price around 420, for your price you need to hold for atleast a year.

Asked on - Jan 16, 2025 | Answered on Jan 16, 2025

Thanku sir

Ans: you are most welcome

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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