Garden Reach Shipbuilders & Engineers542011Shipbuilding, defence
Swati Hotkar advised holding Garden Reach shares despite a sharp fall from 3,300 to 2,000, expecting recovery toward 2,400-2,700
By ScoutQuest · · 1 min read
- Shares held
- 3,000 shares
- Purchase price
- 3,100 rupees
- Current price
- 2,123 rupees
- Recovery target range
- 2,400 to 2,700
Heard on business television between 10:42:00 - 10:45:00 IST.
- A viewer holding 3,000 shares at 3,100 asked whether to hold, given the stock now trades at 2,123, or book losses
- Swati Hotkar said the stock has seen a strong retracement from 3,300 to near 2,000 levels, already tested in 2025
- Said the counter has touched oversold territory, limiting further downside
- Advised holding and exiting on any rise toward 2,400-2,700 rather than booking losses now
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The call above is Swati Hotkar, Nirmal Bang's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.