Automobile is not just a means of transportation. Owning a 🚗 is a symbol, a status.
Nano failed, not due to its engine or make or utility. It probably failed because of its image as a cheap car.
In a environment of intense competition and innovation an automobile company has to maintain its image, brand value.
On the big day of its history, the brand will want to make it image positive.
A thought. Do not buy or sell based on this.
FOMO kills.
1966. sahab| Link| Bookmark|
October 20, 2024 1:56:33 PM
IPO Guru (1100+ Posts, 600+ Likes)
Hyundai will ring the bell at the National Stock Exchange on October 22. marking its IPO. According to sources, nearly 200 guests, including top leadership will attend.
1960. sahab| Link| Bookmark|
October 20, 2024 12:30:20 PM
IPO Guru (1100+ Posts, 600+ Likes)
New EV VEHICLE 5 new model of hyundai LAUNCH ON TUESDAY MORNING WITH listing.tommorow evening or Tuesday morning you will see upgrade of target of share price by gm finance or gefferies
Not able to understand one thing In under subscribed ipo Why people had applied with multiple account Which will increase cost , exit time and many extra hassle
@Ss rs 1. There are people who genuinely, sincerely believe that this stocck has immense long term value. 2. And then there are people, who want to try their luck, either huge profit or big loss.. Offcourse, there are other variations too..
Applying with multiple accounts divides profit in all accounts ....with this we can keep check on stcg........For exit there is enough time to place the orders......Extra cost is small amount paid to minimize stcg....
Let's take an example of gland pharma I got allotment worth 12 lakhs made 20 percent profit but I applied from 6 different accounts so profit got divided in all 6 accounts .....It had subscription very similar to Hyundai ipo easily could have got desired amount of shares in one account but it could have cost me stcg in an account from which I would have applied fully.....In this way I avoided stcg by applying from different accounts.....And as ipos keep on coming so it's better to apply from multiple accounts so that profits are distributed equally and at the same time we get more chances of allotment jn heavily subscribed ipos
I see many big players are posting their allotment status on Hyundai, I don't see those messages for any other IPO's, is there are diverting People?
1957.1. Honey Harwani| Link| Bookmark|
October 20, 2024 10:01:07 AM
Top Contributor (200+ Posts, 100+ Likes)
Your observation is spot on.. They just want to create FOMO..
1957.2. UjwalG| Link| Bookmark|
October 20, 2024 10:13:09 AM
IPO Guru (1300+ Posts, 600+ Likes)
Not necessarily. Other ipo's are small and nobody gets huge allotment like this as they are heavily subscribed. Medanta had same simply because hni guys take risks in such issues. Nowadays such liberal, full allotments are rare, so naturally people try to share the joy here. Opening in green or red is another thing, getting allotment is first worry