Dear Friends. After lot of confusion listing notice is out on BSE That shares will be listed on SEP 9,2010. GPPL will List around Rs 58 to Rs 60. It will touch Rs 65 Short Term Gainers Can add profit at this level.
Investment Advisor, SP Tulsian has recommended this issue for investment even at the upper price band of Rs 48 per share. “As the infrastructure projects have huge potential and this being an operational port with the strong pedigree of the APMM Group, it represents an excellent investment bet.”
“At the upper end of the price band, at 48, the company is valued at a PBV of 5.4 times, on pre-money basis and on 2.6 times, on post-money basis. Only other listed port operator, Mundra Port and SEZ, is presently trading at a PBV of 9.4 times, based on its book value as of 31st March 2010 and on PBV of 8.9 times, based on book value as of 30th June 2010. Thus, on a relative basis too, the issue is valued attractively.”
Dear GEM, You had recommended " Marg " on 8th morning(before market opening)& i had purchased small quantity arund 9.am & around 11.30 am " zee business" also recommended same & suddenly " Marg" was up upto rs241/242. I took my intra day profits & squared my postions Thanks buddy!!
Good morning,To Setu, sreedhar and ravi and all investors Hoping for a good listing today.Best of luck to all retail investors who have applied in gppl.Fingers crossed.Hoping for a good listing today.