Get this stock at lower rate now. sure it would give good returns! wait for 6 months for the stock to rebound to its issue price and there is not stoping after dat!!!
i bought akruti @ 619.00 * 1000 share =619000 because of good infra co.it got order of 50000 crores to be completed in next three yrs.high demand from property mkt could continue over decades.only concern is that in current mkt scnerio lower middle class cant think of buying property due to high cost & demand from upper middle class will not continue because of higher interest rate (may touch 14% in next 2yrs).
Naren - Hold on to this stock, its a good bet for medium to long term. The stock will bounce back once the markets are stable. You can average on dips.
i bought 65 shares of Akruti at Rs. 680 on first day of listig. But it is at Rs. 455 to-day. What should I do. Should I exit or wait. The entire sector of infra is going down.
Now you can buy it below the lower band of the IPO, currently at 450, don't know when this freefall will end for the construction stocks. Its good that I didn't get the allotment, I'll wait for it to come down further.
I also use icicidirect for trading. it is a fact that immediately after allocation we do not see the stock code against allocation; but on the date of listing before the market starts the code appears and we can first allocate the no. of shares to be sold and later trade when the market opens.
Its really strange that most of the ICICI Direct customers are not getting refund through ECS but are getting refund orders in physical format delivered to their addressess. This is sheer wastage of time. Besides that the stock is now available close to its IPO price, it was a waste to apply to this IPO.
I have been alloted 12 shares. I had applied for 48 shares, but I have not yet received by refudn amount. My account is with icici direct & icici bank. Who should I complain to? Anybody has SEBI address.
i have got 12 shares of Akruti ..... but as i was not able to sell it today this evening i found that it almost touched its isshue price .... Now should i keep on holding it or sell then what ever price i am getting ...........
This morning I got an allocation of 12 Akruti shares in ICICI direct. However, I just could not put them up for sale since the system was prompting that the scrip is notb listed in any of the exchanges. Now I have returned from office and seeing that though the scrip opened strong, now it is at its cut off price. I could not sell them at the oppurtune moment now, I have to wait till the scrip rises. Anyone using ICICI direct please tell me if it is possible for putting a scrip up for sale on the listing day?? Thanks