If it is at lower band-135.then investor can expect good return in one month. Good stock 2 hold.i m sure listing would b at good price.valuation is reasonable.
I agree with u Raj.. This is a bubble formation.. In my point of view, markets r going bcoz of Dollar Weakening...I assume this bubble formation is in initial phase right now..It should continue till 21-22k levels. n market should reach these levels very soon..... Before Monsoons we should c the start the correction which will continue for another six months...
Sumeet,Lot of IPOs are in pipeline which have got SEBI approval including Glenmark Generics,PNC Infratech,7 Real estate Cos,PCI,Tarapur transformers etc.Why they are waiting I have got no Idea.Looking for sensex 18000 maybe.
Dear Natarajan,I personally do not find any fault with the company.It is a reasonably good company but Jewellary space is unattractive to Many investors & It is in export sector (rupee appreciation) & Market is in high altitude,These are factors to be taken into consideration while taking a decision.So demand will be less & GMP it is quoting at discount . It is a tricky call .If I were in your position I would exit if discount is between 1-10 % .There will be plenty of oppurtinities to make profit.Losses are part of the game & dont worry about it.In 2008 market crash I was trading real estate stocks I had made 5 percent loss in the first day crash on an investment of 3 lakhs.I feared the worst & got out.Same real estate stocks I made more than 100 percent when markets hit 8K.If losses are heavy then only we will get dispirited.I would not worry even If I sold at loss & the share gave positive returns.I will Just forget about It & wait for next oppurtinity & Oppurtinities are plenty.