Hey All,
I guess the Adani Vs Hindenburg Saga is not yet over and we continue to see Adani Stocks in news for that reason. In February, 2023 we saw almost all the Adani Group Stocks crash almost to 80% - check my post around it here - Adani Group Stocks Continue To CRASH. I took this opportunity to invest in the Adani stocks and had picked up stocks like Adani Enterprises Adani Green and Adani Ports. All these stocks were making their all times lows and its when I took a high risk and bought these stocks. The overall investment into these stocks would have been above $1K+ dollars. Many financial analyst were suggesting to stay away from these stocks and were predicting that they could further crash to 90% or is a game over for all the stocks associated to Adani Group. What to do here one would either stay away or take that risk assuming that the stocks would rebound back. There is this old saying which goes something like this::
Higher the Risk; Higher is the profit
Either you take it or loose it; choice is absolutely yours...
Exiting Adani Stocks with above 50% Returns...
Starting from February to September 2023 its like a 8 months window and here I am booking all my profits from investing into the Adani Group Stocks. As you can see from the above image, I had 15 Adani Enterprise stocks at an average price Rs.1593/- and I sold it for Rs. 2512 to book a profit of Rs. 13K+ which is like $160+ and when you calculate the returns percentage its more than 50% i just 8 months - where do you get these type of returns in such a small time window?
When I consider my overall profit from selling all the Adani Stocks, it exceeds $250+, which I believe is a substantial gain. So, the next question is, what did I do with these profits? The answer is straightforward: I chose to reinvest the money in well-established companies like #exide industries, #dmart, #idfc bank, and others. It's a wise strategy to secure your profits and find satisfaction in them. Whether to continue reinvesting or not ultimately depends on the individual's financial goals and preferences.
The jest of it is that an individual must decide when to initiate a purchase of a stock or, in fact, a cryptocurrency. There is always an element of risk involved, and if you're willing to embrace that risk, you are also positioning yourself for potential profits in the near future. This is how, during the Adani Vs Hindenburg Saga, I capitalized on the opportunity and willingly embraced the risk by investing in Adani Group Stocks. As a result, I reaped substantial rewards, achieving a remarkable return on investment of over 50% in a surprisingly short period....cheers
Have Your Say on Adani Stocks Recovery?
Did you know about all this Adani and Hindenburg Saga? Will Adani Group of stocks able to come back strong? I mean make stocks making their all time highs? Did you invest in of these Adani Group Stocks? If Yes, then what was your pick? Would love to hear your thoughts around it in the comment box below?...Cheers
#sensex #adani #adanistocks #indiastocks #adanigroup #stockmarket #crash #adanigroup #research #hindenburg
Image Credits:: moneycontrol, pro canva, sharekhan,
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..