I think its a bad investment choice overall.
Likely to consolidate for sometime now.
Yep, book profits and re-enter on declines. 60 a good level.
For the time being you may consider exiting on rises. I have been telling people to sell of Fertilisers and Rail stocks pre-budget itself.
1. It was a Rs. 10 stock earlier and it is a Rs. 1 stock now.
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