Dear Ankur Goel Jee, Please Advice Some Company Which Is Rewarding In Short Term. Your Valuable Suggested Company Is very Helpul For Us Your early Action In the Matter Will Be Highly Appreciated. Thanks In advance
62.2. P Patel| Link| Bookmark|
June 17, 2021 9:14:21 PM
IPO Mentor (900+ Posts, 900+ Likes)
Below scripts for swing trade ( short term 1-3 weeks ) - Borosil Ltd - Borosil Renewable Ltd - Union Bank - Dixon Technologies - VA Tech Wabag
For Mid Term ( 2-6 months ) - L&T Finance - Borosil Renewable Ltd - Reliance Ltd. - Burger King - ICICI Securities
Long Term - L&T Technologies - Reliance Ltd - UTI AMC - Lupin - Escorts
Dairy business > is it disruptive business/technology or commodity business? How did EPS double in last 9 months to Re 20 from Re 9 last year? Why are dodla''s selling 18 lakh share in OFS? We can understand PE investor
There are literally 100s this size businesses in each state in this business, in addition so many bhaiya''s delivering, A2 milk/Ghee etc. In addition to biggies Britania/amul in value added like cheeze/lassi/Curd. At Re 428 when stocks like ITC are trading at 200+ (BTW > ITC also is in dairy business)
Apple to apple comparison is with Parag, which is at 1/3 price (though some issues with Parag), Can''t really compare to Hatsun.
Dont just go buy the myth of so called Gray Premium.
Of course it''s a commodity business, they got moat in area they operate. I saw their interview, they jacked up price in Carona time and at same time paid less to producers. They clearly said margins are not sustainable at this level, 10-12 % is the guidence. Why they are selling, everyone wants to make money. NavJan nicely explained share price. Britannia and Amul are not players in South of any significant size. Lastly they are into B2C mostly unlike your mentioned listed peers.
Last checked, the GMP tanks from Rs 160-165 to Rs 75-80 ! So, a negative listing on the cards ?? Anyways, seeing the decline in GMP, I am a bit hesitant to apply..
🔸GMP Update (Stable) Current GMP: 84-86 per share Expected Listing : Approx. Rs 2,500 Per lot
🔸Subscription Figures Day 2 Overall Subscription: 3.27x Retail Category: 6.13x
🔸️Note: U can apply for Listing Gain or short term trading. GMP may fall if market conditions are Bearish but chances of Listing at discount is low..👍🏻
53. Dr.strange| Link| Bookmark|
June 17, 2021 1:10:25 PM
Top Contributor (200+ Posts, 100+ Likes)
i have applied 2 application in sona ipo from my upi ( one mine and another one of my sister ) ..let''s see again ,if 3rd party upi allotment works or not
Gmp of Dodla down may be attributed to India Pesticides ipo. India Pesticides ipo was earlier planned for 21st Jun,. But now Pesticides ipo date moved to 23rd Jun, Dodla gmp may start to go up.. let''s see..
Dear Shani, As per the Dodla Dairy Red Herring Prospectus (RHP), financial results are available till 31 Dec 2020 only, Mar-21 and June - 21 results are not available.
GMP of Dodla Dairy is falling (only sellers). Current GMP 60-65 Per share (low demand) it may fall further... So w8 till tomorrow''s Subscription Figures & GMP