Dear Sir, I have bought 1350 shares of Easy Trip Planners (Ease my trip) at the rate of Rs. 59.50 in October 2022, but it is continuously going down since then and is at Rs. 44.45 today, that means I am in loss of more than Rs. 20,000 today. May I know the reason behind this declination? And should I wait for reduction of loss or should I exit right now.
Ans: EASY TRIP is a good company and is growing fast, but is a volatile stock. keep track of results. this sectors is very competitive too so keep track of margins aswell
please note : Investing strategies depends on your risk appetitive, so Please consult your financial advisor and then take further decision.