As we have seen all IT companies of the world are oversold and in india NIFTY IT has fallen to 25k from 40k, if the index recovers it needs almost 60% from 25k to come at price to price level.
As we know stocks performs with its sector and peers.
LATENT VIEW is a fundamentally strong company and we have seen on its IPO issue it has been the most oversubscribed IPO till date. QUALIFIED Institutions subscribed it for 145.48 times. Obviously QI are not fools they know where they are putting their money.
Also
Its been a profit making company since it has been started so it can be bought and hold for long term.
NOTE- DO YOUR OWN RESEARCH BEFORE INVESTING
As we know stocks performs with its sector and peers.
LATENT VIEW is a fundamentally strong company and we have seen on its IPO issue it has been the most oversubscribed IPO till date. QUALIFIED Institutions subscribed it for 145.48 times. Obviously QI are not fools they know where they are putting their money.
Also
Its been a profit making company since it has been started so it can be bought and hold for long term.
NOTE- DO YOUR OWN RESEARCH BEFORE INVESTING