Is the financial engineering dead ?
Have a look at most of the demergers, they are short term euphoria.
ABFRL is no less. The Consultants take their million dollar fees for their MBA jargon / useless and non practical solutions and billions of dollars of losses for the shareholders.
Technically ABFRL could have a bounce back at Rs 77 but could consolidate here for a few months before trying to ascend.
Have a look at most of the demergers, they are short term euphoria.
ABFRL is no less. The Consultants take their million dollar fees for their MBA jargon / useless and non practical solutions and billions of dollars of losses for the shareholders.
Technically ABFRL could have a bounce back at Rs 77 but could consolidate here for a few months before trying to ascend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.