533. Simply Vicky| Link| Bookmark|
December 21, 2023 5:01:27 AM
Top Contributor (700+ Posts, 100+ Likes)
Can we find india shelter below 400 in short term given current market sentiment & company in highly competitive sector?? @newgen consultancy@Crow Sir plz guide
533.1. Aaashish| Link| Bookmark|
December 21, 2023 9:34:01 AM
Top Contributor (200+ Posts, 100+ Likes)
Sensex fown 1000 points, all mid, small caps fell 6 % but this was still up 11% at close. Goes to show the strength. Target 680+ or even more now that the weaker hands are out.
Hope everyone got a chance to exit.. There is nothing great about this business.. Afoordable housing are already showing sign of loan default.
This may not be the best time to be invested in this business currently. Look at real estate trenad.. even the builders who were into affordable housing are now making premium societies ..Ganga Reality, Signature Global etc.. Selling premium is easier than affordable.
Can we sold pre-open in angel one? If yes then I need to place bid before 9:45 or after 9:45?
521. Sandapaul| Link| Bookmark|
December 20, 2023 12:11:55 PM
Top Contributor (300+ Posts, 100+ Likes)
India shelter finanace +ves.... Its a great stock to hold mid to long term as BJP is bent to provide affordable housing to all and its major beneficiery, great ROA, cagr, aum growth, low NPA of 1%. Prefect recipe for a long term growth story.
521.1. Krishna T ✨| Link| Bookmark|
December 20, 2023 12:29:19 PM
IPO Guru (1600+ Posts, 900+ Likes)
I agree with you as far as brokers review, financials and demands but IPO panic is different because 80-90% people would be relying on taking immediate profit.
More, HNI people comes on panic due to high number of shares. Post listing profit booking, panic plays a bigger role and takes time to stabilize the stock mostly when panickers sells the stock.
520. sdz| Link| Bookmark|
December 20, 2023 12:27:34 PM
IPO Guru (1200+ Posts, 500+ Likes)
1/5 bHNI. Sold 170@583 and holding balance 250 shares. Dint get Doms and Inox and the fate of this alloted one is like this. Hope it doesn’t fall below 500.