Can I invest in PIPAVEV Shipyard at price band 55-60 for long term or short term or listing time ?

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I don't want to sound too optimistic about this stock. But it's good investment with 2-3 years time horizon. In short term you may not see much appreciation. It also depends on what is your expectation.Also I think as investor we should keep our expectation inline. What I mean is that look for 15-20% return per year . Don't expect stock to gain 100% each year. If we look for such stocks then you will venture into danger territory and god forbid if market goes down again you will get burned .Play it safe and you will be ultimate winner . You friends might have laugh for few days but you will have ultimate laugh.

 

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