Hi All, I am a cairn employee and the internal news in the management is that they will not allow the share to dip below 160 as company has planned to buy back its share if it dips below 160.
Also gaints like DSP Meryill lynch etc have assured Cairn a full handed support.
Cairn is one of the best stock to keep for longterm as it will give good returns in long term.
Due to its huge size cairn will be in the BSE 30 Share index soon ......Reports as Sensex highly fluctuate with such large volumes.
dont panic the share will list at 165 -170 and then might see a downward trend of 158 - 160 but the closing will be positive.
hello everyone, please tell me was it right to invest in cairn india ipo. i have bid it at the price of 190. what is going to be now. please help anyone.
CAirn settled the offer price @ 160/-. it may list at the same price(i.e. 160 ) or 15-20% less.(i.e.) betwen 130-140.(might be the listing price) i year share moment could be 89- 176.
Why do stope payment in this time when you not risk taker then never you involved in this market because it is a risk and do you think each and every business is risk and for your information i have allredy 7 application applied but i take risk not it is risk but go for long term because its company working is good and it's london based comany and it has no govement burden so i think in short term its give better return's to holding investor's. In every situation i have going with oil sector because it's very risky business but without risk we can't earn more so risk is depend your earning size
as you wish don't take on your mind above thothes are my and that's why today i am sucess
Do yo think any one invest in correction but i have invest and gain best return in this correction
A final offering document is expected to be published on December 19 the statement said adding that allotment of Cairn India shares is expected to take place on December 29 with trading expected to commence in early January 2007.