Engineers India Ltd FPO Message Board (Page 44)

Engineers India Limited (As on 1600 hours)

QIB : 23.43 Times
HNI : 0.11 Times
Retail : 0.34 Times
Overall : 11.60 Times

FUNDAMENTAL OUTLOOK

A minimum target of 356 over one year can be expected in addition to dividend yield of 2.07% at Rs.290.

In the last fiscal, PAT growth clocked at 27%. P/E 22x FY10 at Rs.290.

If FPO price is fixed at lower end of price band, then it could give decent return as retailers have cushion of additional 5% discount.

TECHNICAL OUTLOOK

EIL 330- It may move sideways in 360-318 zone. Even if crosses 360, it has resistance at 373 (Normal High).

Support 292, 250 or below 208 (Most Extremely Low).

It should not be considered to be taken as an offer to apply for FPO. The information contained herein is from sources believed reliable. I do not represent that it is accurate and it should not be relied upon as such.

Ek hi cheez baar baar repeat kyun karte ho ipodhakkan

dear hitesh, 140

these details are vailable on NSEINDIA.COM AND BSEINDIA.COM.

by the way latest data is overall more than 10 times and qib 19 times



REGARDS
ONE Idiot

Do not get trapped as the price is kep well above issue price till fpo closes. you will see huge selling after fpo closes to make it reach 280 rs.

pls. tell me where to get the QIB & HNI subsciption OF SKS & EIL IPO

qib 17 times now till 3.45 pm overall 9 times

QIB already more than 15 times till 3:30. overall around 8 times. looks good figure. go for it guys. this time GOVT has priced it very well. Do apply for it.

pls. tell me where to get the qib subsciption?

eil ..qib.. more than ..11 times good chance for retail investor..

dear all, go get ready with form to apply in this fpo to get good return..happy investing....already 5 times overall

EIL QIB PORTION SUBSCRIBED 4 TIMES TILL 3 PM AS ZEE BUSINESS NEWS CHANNEL

EIL is going on the same way as NMDC went.

In secondary market the price is still 325
which means that Govt. is holding the price till the FPO passes out.
After that no one knows

NMDC is now trading at some 260 Rs (before FPO it was above 400)

Very very high risky FPO to apply
Better to avoid EIL and apply the money in bajaj corp. which is a smaller IPO so chance are high to give a good return, also the price band is so attractive in bajaj

seems FII applying at lower band of 270. if price is discovered at 270,this FPO will yield some decent return for retail applicants.

seniors views are appreciated

Applying 5 full application,

nearing 100% subscription. Lets see.

Gane.

Hi
Retail investors are getting 5% discount in EIL FPO? too

EIL,SKS,BAJAJ CORP, ALL 3 IPO IS GOLD MINE 4 LONG TERM INVESTERS,

IN SORT TERM WE MAKE LISTING GAIN ALSO IN THIS 3 IPO........

Evertime logic goes this way.
Govt has huge divestment programme.
To make this programme huge sucess
govt will leave something on table for
retail investor. but till today I have only
lost by making application in FPO of PSU.
NHPC, SJVN, NTPC, MADE ME LITTLE POOR.
GOD KNOWS WHEN PROFIT WILL COME.

very difficult to judge this ipo as no rating agency has rated this ipo till nom.
Rakesh