Aarti Ind Share Price Plunges 10%

Key Points:

• Aarti Ind shares fell 10% in early trading on the Bombay Stock Exchange (BSE) today.
• The stock is currently trading at ₹2,100, down from its previous close of ₹2,300.
• The plunge is likely due to a combination of profit-booking and concerns over the geopolitical situation following the recent Russian invasion of Ukraine.

Analysts' Views:

Analysts are divided on the outlook for Aarti Ind shares. Some believe that the current correction provides a buying opportunity, while others recommend caution due to the uncertain market conditions.

Gaurav Bhusari, an analyst at HDFC Securities, said that "Aarti Ind has been a strong performer over the last few years, but the current market conditions warrant some caution. We would recommend investors to wait for more clarity on the global economic outlook before entering the stock."

However, Rajnath Gupta, an analyst at ICICI Direct, believes that "the current correction is a buying opportunity for long-term investors. Aarti Ind is a fundamentally strong company with a track record of consistent growth. We expect the stock to recover in the coming months."