You should wait till next F&O expiry day! Market may resume correction. So better to buy after 31st march or April. If the correction will continue then note , It will influence the pharma sector a lot.
World’s best IPO: This Hong Kong company’s stock has gained 6,000%
Luen Wong Group Holdings Ltd. jumped 1,438 percent on the first trading day after its April initial public offering and is now 6,715 percent above its offer price.
The world’s best-performing new listing this year is a Hong Kong civil-engineering stock soaring for reasons that appear unrelated to its business.
2499.1. PavanM| Link| Bookmark|
March 21, 2017 11:28:40 AM
IPO Mentor (500+ Posts, 400+ Likes)
Its appreciable that you are admitting when you went wrong. But did you intentionally said that it will list at 400+ to discourage others or really honest!!
Dmart business is running on 4.4% margin so i think its good bet to sell today and invest profit in blue chips stocks like Sun ,asian paint ,kotak bank rbl bank business margin of these companies is above 20%
You are correct.. People should not bet just on the name of Damani.. Market dis-owner name salute to earnings.. @ 600 its costly..
2496. PavanM| Link| Bookmark|
March 21, 2017 10:52:04 AM
IPO Mentor (500+ Posts, 400+ Likes)
Heartful thanks to Eagleye and others for updating genuine GMP. Special thanks to Septa for your precise analysis. I got 3 lots and sold 50% at 600. Holding rest 50% as I got my investment.