Unstable financial numbers, sometimes high, sometimes low. Already up from 100 to 288...seems inflated although PE is just 1.18 due to recent EPS of 2021-22... sip investment will be good.
110.1. svh| Link| Bookmark|
July 26, 2022 5:16:39 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Because of the end of 1-year lock-in period of big shark investors. Last year listed on 23rd July. From next month and next week it will be out from IPO index.
Me who sold Zomato @139 after IPO allotment.... Dil karta hai buy kar lu wapis....but the volatility is scary. Will start buying in sip
110.4. Takamichi| Link| Bookmark|
July 27, 2022 9:59:52 AM
IPO Mentor (800+ Posts, 700+ Likes)
Yup buying in small amount is the best choice with highly volatile stock.....moreover u can buy more than 10 stocks of Zomato now a days in less than a 500 ๐ ๐ ..... Can get u even more in coming days ....but I think it would make its low near 35 in coming days and then come back to 50