Biggest Corrections in the Stock of Infibeam Avenues - Chart Of The Day 3 October 2018 - Equitymaster

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Biggest Corrections in the Stock of Infibeam Avenues
Oct 3, 2018

Now this is not the first time that the stock of Infibeam saw such a steep intraday fall. The chart shows the previous instances...

As per the business newspapers, the sharp correction of on Friday was due to corporate governance issues in the company.

Earlier this year, stocks such as Gitanjali Gems, Vakrangee, and PC Jeweller saw a sharp fall due to corporate governance issues and lack of management integrity.

Despite this, the retail investors increased their stake in such stocks that have plunged over the past few months.

If a stock is in a falling spree, there's probably a good reason behind it.

It's better to stay away from such falling knives.

You could consider fundamentally strong stocks backed by India's best investors.

Data Source: BSE India

This Chart Of The Day was published in The 5 Minute WrapUp - The Story Behind Not Recommending Infibeam and Avoiding a 70% Loss

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