There are certain stocks which are not enthused by the market gains.

Index may move higher but these stocks remain stuck where they are.

Occasionally there are big moves in these stocks too which somehow encourage the investors to have another look at them. After a while such moves fizzle out and they get back to the downward journey.

We can call them FROGS NOT TO BE KISSED or the WEALTH DESTROYERS.

The Beginning:

I had started the series with Indiabulls Housing Finance Limited (IBULHSGFIN) when the stock price was Rs. 211.25 and NIFTY was 17101.95 on January 28, 2022.

On September 02, 2022 , IBULHSGFIN closed at 133.25 while NIFTY close was 17539.45.

The stock has not kept pace with the index even though it has made very good recovery from the 52 week low of Rs. 89.00 on July 06, 2022.

Few other stocks too have moved up significantly as NIFTY recovered from the recent lows.

This blog had technical glitches after April 19, 2022 and there were no further posts about the FROGS.

I continued on Quora posts with the series.

My listed frogs were — IBULHSGFIN, IDEA, PCJ, YESBANK, RELCAPITAL, JETAIRWAYS, RCOM, PAYTM, SINTEX, PNB, RBLBANK, JPASSOCIAT, SREINFRA, FRETAIL, HDIL, UNIONBK, STAR, DISHTV, UJJIVANSFB, REPCOHOME, SPICEJET, EDUCOMP.

At the end of August 2022, I compiled 51 FROG STORIES in an eBook and published it on Amazon.

There are many more here. Some old and some new.

You can BUY the book by clicking on the image.

The FROG STORY continues:

The stock for today is EDELWEISS FINANCIAL SERVICES LIMITED ( EDELWEISS).

The stock has not done badly over last one year and is trading close to the 52 week high.

But the five year chart tells a different story.

It has lost 76.41% value over last 5 years whereas the market has been an uptrend.

This is the standard FROG behaviour and we can say that this stock too is a frog not to be kissed.

We shall continue with the series next weekend.