Will it go down? Will it make to Upper circuit? Is it time to book? Have some patience guys, you want to become millionaire in one day. If valuation is good no need to panic, it will reach where it should be. Just wait few days.
665. Modi Adani| Link| Bookmark|
December 21, 2023 11:46:21 AM
Top Contributor (600+ Posts, 200+ Likes)
Inox india comeback loading...... Again 940 levels.
There are many stocks in green today irrespective of market fall.
If this had to list well it would have listed well. Even the post listing action isn't looking that convincing. Don't get lured into long term story unless you really understand the fundamentals of the industry and the company. Some TV anchors may cook up stories around it, but its your money and profit. Protect it first.
659.1. Display| Link| Bookmark|
December 21, 2023 10:40:04 AM
Top Contributor (400+ Posts, 200+ Likes)
Completely agree
659.2. papon| Link| Bookmark|
December 21, 2023 10:46:01 AM
IPO Mentor (500+ Posts, 500+ Likes)
Let the dust get settled . Check the price after 1 year.
659.3. sbipo| Link| Bookmark|
December 21, 2023 10:48:10 AM
Top Contributor (400+ Posts, 100+ Likes)
Sahi bola yaar, I think this is worse company even than DOMS, had it listed yesterday along with DOMS, then also it would have pathetic listing while DOMS listed at superb price, price action tells everything, bhav bhagwan che,long term I don't know Thanks
659.4. rohiitian| Link| Bookmark|
December 21, 2023 10:48:30 AM
IPO Guru (1200+ Posts, 800+ Likes)
Honestly only explanation for me is the Covid cases rising leading ppl to think there could be shutdowns. If this is the reasoning, it makes little to no sense, and should correct upwards. Fundamentally this is a strong stock.
@papon - I'm an IPO investor and don't prefer holding beyond max 1 week post listing. My comment was w.r.t the price action as I have zero knowledge about the fundamentals of this company.
@rohiitian , what happened to Covid cases during DOMS listing ? Again it could be good investment for long term investor but if you are an IPO player like me, we need to rotate money into multiple IPO's and can't hold on to each allotted IPO.
659.6. rohiitian| Link| Bookmark|
December 21, 2023 12:38:33 PM
IPO Guru (1200+ Posts, 800+ Likes)
@GrayIsTheNewBlack I agree. I also don't hold beyond a few days. But this stock has listed weakly and I cannot find any other explanation hence feel it has potential to cross 1000 or even 1100 in the next couple of days. If it does not, I will exit and rotate anyway.
659.7. Heathslayer| Link| Bookmark|
December 21, 2023 12:41:33 PM
Top Contributor (300+ Posts, 100+ Likes)
true, look at protean egov such a bad company listed flat at IPO price ; )
Completely agree with @GrayIsTheNewBlack, It's not mkt sentiments responsible for bad listing, it might be a good portfolio stock but it need to show strength, will sell tomorrow if not moves above 1000
DOMS settlement not yet done in ICICI, can anyone check who sold DOMS yesterday? Amount is not credited yet.
655.1. Krishna T ✨| Link| Bookmark|
December 21, 2023 12:40:48 PM
IPO Guru (1600+ Posts, 900+ Likes)
I talked to customer care, they said there is such technical glitch and amount will be credited by 3-30 PM. This IPO craziness, mandates, bank, allotment, demats and new users really tested overall infrastructure freely :)
Write to the registrars, they will instruct banks to unblock.
653. Ipoaspire| Link| Bookmark|
December 21, 2023 11:39:19 AM
Top Contributor (400+ Posts, 100+ Likes)
Can buy this blindly and hold for a year..mark my words..this will be 4x from.current levels in year...it is the only listed company that manufactures cryogenic engine..the future missions of ISRO will heavily dependent on cryogenic engine....rest is ur decision...it's a gem..and good opportunity to buy and hold this...
653.1. CB🤗| Link| Bookmark|
December 21, 2023 11:53:23 AM
IPO Mentor (1400+ Posts, 400+ Likes)
From where you came to know it manufactures cryogenic engine? It manufactures cryogenic vessels, supply lines and related products. Dear Cryogenic engine is only designed by central agencies, yes it will supply many parts for the engine or related projects. future is bright due to focus on green energy. Ligiid gas storage/supply are may business here. It is working with ITER (initially the International Thermonuclear Experimental Reactor so it is one of the best in its field for sure.... Read more https://finshots.in/markets/is-inoxs-ipo-a-frozen-asset-with-hot-potential/
653.2. UjwalG| Link| Bookmark|
December 21, 2023 11:54:41 AM
IPO Guru (1300+ Posts, 600+ Likes)
Pl provide source. I wasn't able to verify your claims.
652. Sandapaul| Link| Bookmark|
December 21, 2023 11:53:43 AM
Top Contributor (300+ Posts, 100+ Likes)
Fair value was 1050,,, weak hands and new people panicked below 900. This happens when market gets little -ve and naive people who got allocated search hidding space,,, added big for long term, one of best listed company recently
651. CB🤗| Link| Bookmark|
December 21, 2023 10:31:58 AM
IPO Mentor (1400+ Posts, 400+ Likes)
Did not expect to breach 900 level but it did. Still expecting a v shape recovery with engulfing bullish candle. Waiting for scalping trade details from today.Bought more at 880.
@CB🤗 where do you get scalping details? Do you mean delivery percentage or some other data you are talking about?
651.2. CB🤗| Link| Bookmark|
December 21, 2023 11:23:52 AM
IPO Mentor (1400+ Posts, 400+ Likes)
@Cyberdude I am expecting detail from some of the Pro members here. Right now only @Paymzia sir.. earlier there were some more. Today till now there was no good chance for exceptional profit with scalping technique. Intra many would have done for average profit.
651.3. Paymzia| Link| Bookmark|
December 21, 2023 11:29:35 AM
IPO Guru (2700+ Posts, 4700+ Likes)
@CB do you thing today it will be cross 1000??? Still holding 5 lots Thanks in advance 😀
651.5. CB🤗| Link| Bookmark|
December 21, 2023 11:38:55 AM
IPO Mentor (1400+ Posts, 400+ Likes)
@Paymzia sir great trades. With DOMS your conviction is superb. Hope I get similar experience. Starting late in market and only 3 years experience demands more study and understanding at faster pace. I have bought small qty (75 @901 avg in INOX) to try my hands in learning.
651.6. CB🤗| Link| Bookmark|
December 21, 2023 11:41:38 AM
IPO Mentor (1400+ Posts, 400+ Likes)
@Archit Patel - I do feel positive for 1000 target today and if not today then certainly in 1 or 2 days. Take 5% away as it is market any untoward momentum can dent even strongest of the scrips.
647. Heathslayer| Link| Bookmark|
December 21, 2023 11:10:31 AM
Top Contributor (300+ Posts, 100+ Likes)
I remember when protean egov listed flat at IPO price. many posted here ki company me kuch nahi hai. OPS aayega to company band ho jayegi and blah blah aur fir ek mahine me stock double ho gaya and wo log gayab ho gaye. same with EMS ltd. don't fall for this IPO mentor and other batches earned through posts. seems many of them have limited knowledge of the markets and companies.