KRBL today low is 30.6 at opening- that is freak trade. During trading hours, morning itself it made a low of 32.7. No chance of stop-loss triggering at Rs.30.
Are your Risk Management / Back-Office people sleeping? Why they have not informed you and covered the positions post-trading? Ask your broker to adjust. If it is not possible to adjust, then you buy-back tomorrow so that you may avoid going to auction.
Ask your Broker to bear the cost for not informing you even after trading hours. They could have squarred-off in post-trading session. If they don't agree, ask them to bear 50% loss as there is 50% mistake from your side also.
Let your Broker adjust this loss by passing entry in 'Error A/c'.
Dear Gem, SJ and all friends / experts: need your help for Intraday. today placed INTRADAY order with stop loss @ 30 - KBRL and sell the same @ 35, but in my account showing loss.
please help me to solve (what is the procedure of Intraday to make good profit) stop loss or market price.....
It shows the potentiality of a upcoming segment of a Industry.Though strictly not pertaining to power sector it will compliment the power deficit emerging nations.And also with more and more concern for environment,people will look for alternate energy sources
Dear lokesh look at the valuation of sjvnl it is very attractive with good dividend record still there is no demand than who will wait for the solar enegry long term story if you want to buy solar geyser than it is okay but buying shares of indo solar is not recommended.The whole market is moving but see the price of power companies even giant ntpc is not able to cross 200 from many months.The company producing power in thousand megawatts are not able to stand than you should imagine the condition of small company like indowind.These are my personal views however any one want to apply in this ipo is welcome to apply in this ipo. Because after all he is applying with his own money not mine.There is no demand in the whole sector ask from any brokerage firm but they will say long term story is intact.We are not here for long term stories if we believe in long term than there are hundereds of fundamental strong scrips which can be multi bagger within few years not like indowind where waiting period is not predictable.
@3 Mukul Your reason to avoid ipo because of operators is a total waste reason. If you are a regular investor then you hav not such things. Your reason for no demand may be good reason I think we should apply in this ipo because future of business is bright and it will be reflected in post ipo price
A manufacturer of poly-crystalline solar photo-voltaic cells - Indosolar is entering capital market with a public issue of Rs 357 crore on September 13, 2010. The company has fixed a price band at Rs 29-32 per share.
It manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the photo-voltaic effect.
Indosolar IPO opens on September 13
The issue will close on September 15, 2010. Issue proceeds are proposed to be used for the expansion of annual manufacturing capacity for SPV cells by adding a third line of 100 MW, (Line 3).
The book running lead manager to the issue is Enam Securities Private Limited. Link Intime India Private Limited is the registrar.