Very high unlikely COLO goes down with the Market , as average price per share for 99% holders are around Rs 80/= .
Very less amount of shares in the " Float of the Market " .
( its very difficult to collect 10,000 shares without appreciating the share by Rs 10/= )
When ever market goes down its a opportunity for COLO company to make some investments as they are CASH RICH much as Rs 750 Mn . Every time market goes down in panic , COLO gets an opportunity and a huge PROFIT when the market re-bounces.