No one can tell you that in certain terms. And even if they say, how do you know they are experts or a random person as everyone is anonymous in this forum?
You have to make your own opinion. What I can do is guide you to a good research article that has currently gone viral. It gives a fact sheet analysis that might give you some confidence in holding.
Search this in google and read this viral article - "Why I think IREDA will be a multi-bagger with 300% potential Reddit".
It's an excellent point by point research showing why this is a great long term stock with super high gains. I agree everything mentioned in that article and also think it will grow huge in next one year.
But I can't predict at what price the stock will list, or if it is suitable for your investment timeline. That is something you have to do based on the info you have.
Search this in google and read this viral article - "Why I think IREDA will be a multi-bagger with 300% potential Reddit".
An excellent point by point research showing why this is a great long term stock with super high gains. I agree everything mentioned in that article and also think it will grow huge in next one year.
Just read the article, while its all based on future growth assumption, this no doubt gives more confidence to hold this stock for long long time ! Thank you for sharing the link....
947. sdz| Link| Bookmark|
November 28, 2023 12:04:01 PM
IPO Guru (1200+ Posts, 500+ Likes)
IREDA listing and intraday: 40-42: Happy zone 42-45: Lucky zone Without being greedy, I’ll start selling in these zones in parts tmw. Cello, ESAF and ASK experience telling me to be happy by not expecting more than already good GMP as I’m applying only for shorterm gains 😀
@newgen consultancy Sir I got only 1 retail lot from 2 shni and 6 retail application, I consider this as bank fd so I can hold this lot for 1-2 year, any chance it can be double or what is the good level to sell at current valuation. Thank you🤔🤔
What price should be good here to buy for 10 years ?
I always love the PSU.
I have ONGC - 1000, REC - 500, National Aluminum - 1000, IRFC - 1200, SBI - 100 I am holding from 3 years. They are giving very good dividend as well as all up's from my buying.
If you truly intend to hold for 10 yrs, then any and every level will be worth a buy on listing day. And looking at your interest in PSUs, you already know this! :-) However, mid 30s to mid 40s looks good. Anything above that could see subsequent downside in near term.
I usually get 40-50k dividend per year. And I re-invest it in the same stock.
942.4. Rakcyt| Link| Bookmark|
December 6, 2023 4:48:03 PM
IPO Guru (1300+ Posts, 1300+ Likes)
Agree with you....have fancy for PSUs since 1990 and have recycled many a times .....Gail Irfc SBI SBI cards Ircon Rvnl ntpc .....railtel ipo and Coal India IPO gave handsome listing gains ....BPCL 1500 shares dvnd declared @ 21% per share .....BUT one need patience as Long term investor ...had to wait for nmdc Gail hind copper to buy when at lowest and sell at Target price ......it's different game altogether.....they will never let you down at the end
Both HDFC & SBI are generally a laggard when it comes to unblocking ASBA, still blocked for me in HDFC. Wonder after such a break how much time it takes for an electronic batch process to get executed
940. RPSM| Link| Bookmark|
November 28, 2023 9:53:22 AM
Top Contributor (200+ Posts, 100+ Likes)
Mid 30s would be a good zone to buy, if you get that price. However, if prepared to hold on for at least a year, even early 40s could give you handsome returns.