After the lackluster Q1 results the stock can witness a correction of 18 to 25% for the next 2 to 3 months.
Disclaimer: For educational purposes only.
As Cyclical downturn will affect the stock.
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Reputation: 31,457 • Jul 26, 2023 10:27 PM
RattanIndia Power slumps 6% as Q1 losses widen, margins contract
Operating margin contracted to 18.5 percent in the June quarter from 26 percent a year ago.
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Cheer up, all is well :)