Senco Gold: Upcoming gold story!

@AnilKumar27

  • you can visit newly opened stores
  • figure out the alternate you would bet on
  • don’t beat yourself up emotionally
  • list whatever learnings you can
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I booked my loss today that was -52% and shifted to some other stock. I think high gold prices and increase interest on gold loan for jewelers look negative for the whole sector and this stock is not stopping its fall, i wish it find a strong support at 250. If you want to be in jewelry stock then you can also look pngjl, titan, goldiam etc.

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PN Gadgil is down 40% too!

Nothing is spared, how long to go down another 10-15%

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  • Promoters acquired shares worth ₹4 Cr yesterday and plan to buy more today. [timestamp: 7:37]

Watch the interview

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SENCO - No more Upcoming Gold story and this Firm is not 24K anymore

Price changes perception about the business.

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Also i see promoter buying the shares in open market


Not in any case recommendation to Buy/Sell, just stating my observation here :slight_smile:

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not 4 cr, 6 cr actually!