Hi Company is having good fundamentals and prspects. only becz of market out look it is not in the ride i believe. Infy taking over is a mere creation. Top three IT majors going out for a buy out in Outside india.. this one is good imagination i believe..
infosys will going to buy 49% stake in adsl in near future**(**:-rumer's only all depend on future whether it might happen or not) strong buy:assam company,pstl,orient papar,
lot of speculation spreading that ADSL may move 400+ and 500 + in few days. but it is around 330 last three days. if Market trent is +ve we can see a uptrend soon. HDIL spurted up to 623 today..
mkt in confused phase.adsl will move to 380 level in very near future(2week) .good for long term (year end target 550+.)positive : very few people got 35 shares as an allotment.do not short this script because very few actual seller & have reason to go up.( good technical & fundamental reason.)
Hi, Can any one suggest whether this share is goin to dip further from current level or one can forsee this touching 400 level in near future. Expert advice needed.
hai all, please be informed that i have bought 375 shares today at 335 average nidhi, pankhu, surya please take informed decidision and buy it tomarrow because i believe that the company has excellent business model with robust earnings it will certainly quote 450 orso if market condition remains positive, and if market drops to 13000 or so u will still be able to sell this share at 300 or so. therefore buy tomarrow definitely u will earn handsome money i know that pankhu and u have not received any share in allotment in allied so make up the loss by buying from market, buy by
Why this share is not moving ..is it becz of Market trend? Infosys aquisition may move it on tomorrow? Any chance for it to move past 400+ this week ? please suggest?
Hi All, So So listing due to market trends. Allotte can wait, INTRA DAY , be alert. One Surprising thing, today morning by 5 AM, i checked Chittorgarh & found one msg for its listing price. It was written over here 332.5 exactly same price what is opened today. & now that msg is vanished. Who is that chap. I am sure he was operator only. No high price of the day was mentioned. " it will list at 332.5. Repeat it will list at 332.5" it was the msg. Whoever is he, pls be in contact to tell further listing. Thanks in advance. Wait till 1 PM for intra guys
After receiving good response to its initial public offer (IPO), Allied Digital Services, an IT Infrastructure Management Services provider in India, will list on the bourses with 1,72,89,740 shares on July 25, 2007. The issue price fixed at Rs 190 per share.
Analysts told Moneycontrol.com that the expected listing price for the stock will be around Rs 325-350 and advised to book profits above Rs 350.
R S Iyer of KR Choksey Securities says, "Allied Digital is expected to list above Rs 325 mark. If the market situation supports the stock, then it may go up to Rs 400-425. Above Rs 400, investors can book profits. They can also hold the stock for short term."
According to Investment Advisor, S P Tulsian, "The stock is likely to list at around Rs 340-350. Investors should book profits above Rs 350 and remained invested below Rs 320 level."
Manish Bhatt of Prabhudas Lilladher says, "Allied will list with premium of Rs 155-160. Investors should book partial profits at around Rs 350-400 and hold with the balance."
The grey market premium is at around Rs 145-150 on the stock.
The company had come out with an IPO of 45,22,435 equity shares of Rs 10 each at a price band of Rs 170-190 and subscribed 60.37 times.
The objects of the issue includes setting up a Global Service Delivery Centre in Mumbai, strategic acquisitions, upgradation and expansion of existing infrastructure, setting up new Strategic Business Units and financing working capital requirements.
Allied Digital operates in diversified segments both in Solutions viz. IT solutions, Networking and Communication solutions, Integrated solutions and Software solutions and in Services viz. IT Infrastructure Management Services, T-BPO and Remote Management Services to its customers pan India. Recently, the company had a strategic tie-up with Echelon Corporation to foray into Intelligent Building Management and Energy Management Solutions.
The sole book running lead manager to the issue is Anand Rathi Securities, Advisors to the issue is Religare Securities and Syndicate Members to the issue is ENAM Securities Pvt. Ltd. and Anand Rathi Securities and Intime Spectrum Registry is the registrar to the issue.