I want to invest in walchandnagar scrip. But i am little afraid about its dramatic growth i.e. 10 times in 1 year only. so what is the future about it ? and the rumour is that it cross 10000 rs. during diwali time and also rumour of spilt in 1 :12 . please suggest me and clarify my doughts
I was alloted 23 shares and the shares were listed at 400 and later on when it came to 390 i bought 23 shares more and when it went again down to 370 i bought again 23 share. Now its playing around 450, so average i have gained 3000 rupees. i suggest you to buy this if it goes down to 410.
IVR Prime Urban Developers will list on the stock exchange on August-16th, Thursday. We had recommended to avoid the issue. In spite of our recommendation if you have applied, then surely you have been alloted because of the poor response.
The stock may list above the offer price of Rs 550 but it is expected to close below the offer price. We advise to book profits ASAP.
Analysts told Moneycontrol.com that investors should book profits in IVR Prime on listing day and buy below Rs 500.
R S Iyer of KR Choksey Securities says, "IVR Prime may list at around Rs 575-600. Investors, those who got allotment, will get opportunity to exit the stock. Don't hold the stock for long."
According to Investment Advisor, S P Tulsian, "IVR Prime Urban Developers is likely to list below its issue price of Rs 550 on Thursday. Profit booking is advised above Rs 550, while buying is advised below Rs 500."
Azherbhai, It will list at a discount. If you hold it for medium-long term you can have gains. If you are a short term trader...sell when market is going up.