What were the reason / assumptions / outcomes that you had in mind when you bought the stock
How that has changed … that should decide whether to own or sell any stocks??
If CEO was the whole and sole reason for owning the stock then you should sell it right way … If not then it is better to wait and watch and check development that are taking place …
Kolte Patil stock price is less than what is was in April 2015 & Jan 2008 … This is probably true for many Real estate stocks
CEO changes have hardly made any difference as sector was under stress .
Last decade would have been wrong time to make Promoter Kid CEO … but now just when sector seems to take off - they have made him CEO … so that he can take credit for turnaround …
Disc : I am invested in Kolte Patil … effective cost price is ( -53 ) . This is part of my non core opportunistic portfolio - hence negative cost because of trading in and out of stock over last 5 years