Hey All,
I guess the post on Stock Market 101 series was due for a long time. Here I am reporting about my story/investment with Jupiter Wagons; ticker:: JWL where I was having a hefty loss of about Rs.12K+ i.e. $150 in October, 2024 fast-forward 11th December,2024 I am having a net profit of Rs. 6K+ i.e. $75 dollars. How good is that to report and talk about the same in this blog post? Before I get any further have a look at the following image that I have taken from my stock broker app Sharekhan::
The today profit itself is Rs.37K+ and this is all because of Jupiter Wagons; ticker:: JWL is up almost 11% and is trading for around Rs.550/- per share. I had my reasons to buying this stock. You can my post Stock Market 101:: Why I am Investing in Stock - Jupiter Wagons Ltd... which I did in August 2024 and I had bought JWL at different prices and as evident from above image my average price here is around Rs.545.14/- and now if I sell these 615 JWL shares at the market price, I make a net profit of Rs.6K+ not bad that all RIGHT? But I am not going to do so right away as I had waited for around 4 month here and now that the opportunity has come will not exit all of a sudden.
Yes, I know its imperative to book profits but then one should have set their profit range. In my case what I have been doing recently is that I wait for a profit of more than 10% of my investment and then I exit or simply put book the profit. JWL has a good business model as they are into the business of Commercial Engineers & Body Builders Company Ltd aka (CEBBCO) and is primarily involved in the business of manufacturing metal fabrication comprising load bodies for commercial vehicles, rail freight wagons, and components. Hence I am still optimistic that the price of the stock will further surge and my exit point is around Rs.625/- or around those levels until then its just #hodl and accumulate. I will only accumulate if it falls below Rs.500/- and if not then just wait and watch for my booking profit price levels to arrive. So you see the example where even if you are facing a loss in a stock with good fundamentals one should not fear or book a loss immediately rather should dollar cost average and wait for the right opportunity. Jupiter Wagons - JWL has delivered good profit growth of 80.1% CAGR over last 5 years and seeing where it stands amongst its peers companies which are are Jyoti CNC Auto, Titagarh Rail, Action Const. Eq. and others Jupiter Wagons is poised for growth. Lets see how this pans out in coming days. Well that should be it for todays post on the Stock Market 101:: Loss Converted to Profit with Jupiter Wagons; ticker:: JWL with real time examples. I will be sharing more of these examples and insights in the upcoming posts to help you navigate the market more confidently. Stay tuned for more tips on making informed decisions and maximizing your returns.. Happy Investing... cheers
Stock Market 101:: Loss Converted to Profit with Jupiter Wagons; ticker:: JWL
#stock #stockmarket #nse #bse #jwl #jupiter #jupiterwagon #investment #finance #strategy #sensex #indiastockmarket
Have Your Say On the Jupiter Wagons; ticker:: JWL
Do you invest in India Stock Markets? What are the different criteria you look into before picking a quality stock? Are you invested in the Jupiter Wagons Limited? Short term Vs Long Term? Please let me know your views in the comment section below...cheers
Image Credits:: screener, pro canva, sharekhan, zerodha
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain, Stocks & Cryptos and have been investing in many emerging projects.