As PE is already 25, I don''t think there would much of listing gains. Maybe keep for very long term... I am not subscribing to this greedy promoter ipo.
Today EMKAY GLOBAL up around 20% intraday CMP 83.15. (please refer my earlier posts)
6. BULLS OF INDIA Jun 2, 2016 10:28:38 AM IST
Parag Milk Foods Ltd IPO
June 1, 2016:
Ace investor Porinju V Veliyath on Wednesday bought 1.3 lakh shares of Emkay Global Financial Services. According to bulk deal data on the NSE, he bought the shares of Emkay Global Financial at an average price of Rs 56.93. This roughly represents 0.55 per cent of the equity capital of the stock broking firm. Porinju has identified several mid-cap stocks such as Gokaldas Exports and Biocon that have given smart returns in the recent past.
http://www.thehindubusinessline.com/markets/stock-markets/porinju-buys-05-stake-in-emkay-global/article8677877.ece 6.1. BULLS OF INDIA Jun 2, 2016 10:37:23 AM IST
Parag Milk Foods Ltd IPO Today''''s volume of Emkay Global is 350% as compared to it''''s last 5 days average traded volume and it is gained 5.39% as of now. 6.4. BULLS OF INDIA Jun 2, 2016 11:31:11 AM IST
Parag Milk Foods Ltd IPO At 11:01 hrs Emkay Global has formed a gap up chart pattern today. A Gap Up forms when the low for the day is higher than the previous days high.
6.2. BULLS OF INDIA Jun 2, 2016 10:53:06 AM IST
Parag Milk Foods Ltd IPO Security-wise Delivery Position (1JUN2016) for Emkay Global NSE Quantity Traded 3,42,595 Deliverable Quantity (gross across client level) 2,68,306 % of Deliverable Quantity to Traded Quantity 78.32 %
BSE Quantity Traded 2,76,805 Deliverable Quantity (Gross across client level) 2,04,973 % of Deliverable Quantity to Traded Quantity 74.05 6.3. BULLS OF INDIA Jun 2, 2016 10:57:39 AM IST
Parag Milk Foods Ltd IPO One can expect a decent up move in days to come as it is crossed it''''s 200 DMA today.
6.5. BULLS OF INDIA Jun 3, 2016 10:24:35 AM IST
Parag Milk Foods Ltd IPO Emkay Global up 10.76% as of now (today). cmp 69.50