| Stock Name | NSE | Purchased on | No. of Shares | Purchase Price | Amount Invested | Selling Date | No. of Shares | Selling Price | Selling Amount | Gross Profit/Loss | Percentage | Profit/Loss |
| Lotus Chocolate | LOTUSCHO | 16 August 2024 | 25 | 1946.7 | 48,667.50 | 23 August 2024 | 25 | 2,484.45 | 62111.25 | 13443.75 | 27.62 | Profit |
I understand that.
I've made a rule to exit at 5% loss because when I averaged titagarh the wait time became much longer, I am still stuck with 13% overall loss. Most of my brothers portfolio is in red but we book profit when ever possible so there is no regret later on.
WTH, Lotus opened with upper circuit then hit lower circuit, I think its time for lower circuits in series. It will be interesting to see the price when it consolidates eventually
These are operator managed shares in which majority of retail investors only end up making losses. No retail investor is going to become crorepati in a few years by investing in such shares. That is also why you never see typical salaried/self-employed retail investors quitting their regular jobs in early 40s after accumulating enough via share market.
Felt the same while trying to sell Akum drugs & pharma shares. Luckily got those shares sold off @~18%+ profit, have to be really careful about entry and exit in such shares.
Yeah. Here is something interesting from Reddit
In situations like this, you should only invest in Mutual funds. That too in SIP form.
To be more precise, most people should invest only in MFs instead of direct share mkt investment because if you are salaried then not going to have enough time to track mkt/shares movements & if not salaried/lots of free time then focus on getting a good job/self-employment first because chances of share mkt investment substituting those are extremely small anyway.
PE is very high, P/B high, EPS low. Momentum good, seems people are expect good results. May be a ride till results are declared and then sell off after that.
