RSPG

VictorChristian

I really can't answer your question, I can only speak for myself - I am a "buy and hold" investor. Most of my money is in index funds - broad funds like the SP500. I don't know what the equivalent would be in another country as you mentioned your currency is the INR (Indian Rupee). Before I invest in individual companies like RSPG, I would do a LOT of research into their financials and speak to a more knowledgeable person than myself if it's a good buy. Looking at their chart, it does not seem that RSPG is a good long term buy. If you'd bought a year ago, you'd be about even today - basically made no gains. If you'd have bought FIVE years ago, you'd be doing quite well. At Rs. 1152, you bought at the top of the market. It's had a spike in stock price recently and that may have excited people into buying - that kind of emotional buying is what you want to avoid. Looking at the FIVE year chart, it seems RSPG goes through long periods of downswings so it could be a few years before it hits Rs. 1152 again - and at that point, you'd essentially be at Rs. 0 gain. All this is not a guarantee. It's just my amateur analysis from looking at the stock chart for a few minutes. Whether you sell now or hold on for the next year or two or four is really up to you. There is no guarantee when the stock will recover. If you sell at a loss, maybe you can deduct the loss on your taxes? I do not know how the tax system works in your country - in the United States, there is a tax advantage to taking a loss but it's also complicated.