Delisting

[Sukhadev]

Hi,
I have been shares of Elantas Beck India. Recently, I came across the information about the delisting of this stock from BSE and the sharp rise in the stock price in the last 3 months.

Is it recommended to sell the off elantas beck now before the correction in the sharp rise in the stock value happens sooner or later?

How do we sell the stock if it gets delisted from the exchange and we still hold its shares?

Thanks
Regards,

Shyam

 

[PGDIMES]

Generally, stocks move at brisk pace on the news of delisting. But this rally fizzles out most of the time at the moment the company(ies) announce the maximum price at which they will buy back shares . If you can follow the market very closely, wait for the announcement. Otherwise book your profits. Best wishes. :thumb: