Joined: 15/Jun/2009
Location: India
Online Status: Offline
Posts: 4013
Posted: 05/May/2011 at 4:14pm
Originally posted by manishjaiswal
Hi,
Suddenly the stock of TRIVENI ENGG & IND LTD (TRIENG) plunged to -61 %
Before panicking have a look at the announcements of the company for any announcement regarding split/demerger etc to account for such a fall. I think there was some talks of demerger of the turbine-engg and sugar units. That might have taken place.
Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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