Fundamentally very strong company. FY 24 first quarter of result is better than complete year of FY 2023 result hence you can imagine how stock price will sky rocket after next result.
Disclaimer I am holding 1 lot and my comments might be biased.
Hello. Inspite of being a good company why is it hitting lower circuit since 2 days. Are there any chances of recovery? Other companies though being affected by compromised financials are moving on nicely. I have purchased one lot at 275. Shall I hold it or sell it in preopen at lc? Please give your opinion.
Short term is guided by sentiments and some pull.... Long term is guided by result, number and push..... It will have its push factors functioning in medium to long term .... Anyway LC is broken now.....
@Dr Jay Pandya MDS do not worry if you are a medium to long term holder. Right now, only very short term traders are active on this, hence, appears this way. This is a very good stock to hold.
@Admin @ Chittorgarh.com Good initiative by Admin to give reason for blocking @Sandapaul. *ABUSIVE LANGUAGE* No confusion now. The decision. Final verdict. Chance to improve mistake. Thank you.
A very good listing against GMP. Present demand is quite good. Buyers more than sellers. The issue was subscribed very heavily and allotment was tough. Congratulations to all who got allotment. Looking into the sector and financial, I was expecting better listing than present but due to bad market conditions, listing was little less than expected. But may be chance to buy. Not an invitation to buy. But be careful in decision taking for buying. Enjoy good listing.
101. Sandapaul| Link| Bookmark|
October 4, 2023 11:19:57 AM
Top Contributor (300+ Posts, 100+ Likes)
Jo phantom nd basilic nhin le paaya, uske liye iss se acha kya mauka hoga 70% cheaper than both companies
100. AMIT IND| Link| Bookmark|
October 4, 2023 10:44:39 AM
Top Contributor (600+ Posts, 100+ Likes)
SME listing are terrible these days, 50% ka 5% khulta hai, let things normalize, then comeback again. Basilic ke listing ne retailers aur sebi ka dhan khich liya usme gayi bhes pani me.
93. Vnrao| Link| Bookmark|
September 30, 2023 7:23:44 PM
Top Contributor (500+ Posts, 200+ Likes)
The days of 100% to 200% premium listing of SMEs seems to have gone. With SEBI lenses on SME transactions, operators, jacking up price of newly listed SME IPOs taking advantage of limited floating stock have taken a back seat for now. Hence, there won’t be major fire works on listing day, however, highly subscribed, say 200 times or 400 times the Issue is, premium may not exceed 30% to 50%. We may not see flood of SME IPOs in the near future. However, MAINBOARD IPOs will dominate.