Moving out from Ajanta, back to Bandhan. Reason:
-
The recent result was really bad, but the stock price is showing strength instead of falling. This gives credibility to management’s commentary of there being no more future negative surprises.
-
The Ajanta trade was fomo. I am not tracking it, and just wanted to get in on the pharma rally. It seems I am late, and its better to bet my money on business I am actually tracking.
Have updated the excel accordingly.