Waiting for that to happen... not just all today itself, rather it could in couple of days of hanging around then with periodic slips in batches ... all due to the selling pressures of big fish.
In addition to operators start playing in trouble waters as the history of bad listing goes ...but it''ll stabilize eventually. The stock is good one.
1215. Chem cho| Link| Bookmark|
July 21, 2016 12:27:09 PM
IPO Guru (2500+ Posts, 2700+ Likes)
L&T FINANCE allowed to exit at rs 2 to ipo price and then dropped down
now L&T INFOTECH HAS ALLOWED to exit at + 0 to RS 10 of IPO price no loss
Ipo''s should be reasonably priced, something should be left on the table for investors. Had it been priced at 650, it would have been reasonable for short term as well as for long term
If you see earlier post you will come to know how people were positive on the price band. GMP as per some was more then 100 rs., so no use now cribbing that nothing was left on table.
1214.2. Chem cho| Link| Bookmark|
July 21, 2016 12:17:05 PM
IPO Guru (2500+ Posts, 2700+ Likes)
WAIT for some time is will be priced at Rs 650 and Rs 620
1212. gamble| Link| Bookmark|
July 21, 2016 11:53:42 AM
(1600+ Posts, 3900+ Likes)
Will close below 700 today...sold @705 bought today 680....again buy it near 680/670....holding ipo 1 application !!.. Still bullish !! But chart indicates !!
1212.1. gamble| Link| Bookmark|
July 21, 2016 11:54:35 AM
(1600+ Posts, 3900+ Likes)
Time for retail to understand that anything with L&T parent name does not signify premium. Proved in L&T Finance as well as Infotech. Hope so same mistake is not repeated for L&T Technology.
1211.1. Khemka| Link| Bookmark|
July 21, 2016 11:59:53 AM
(1000+ Posts, 400+ Likes)
Very True, L & T is a company with no promoter and still they are so greedy, I don''t understand why they price their IPO so high like their Services and products.
Those who took the risk and applied, should not sell it in panic. There is not much of a downside from here on. Hold at least till the quarterly results are out. Indications are that results may be good. Thereafter one can take a call to sell or hold based on ones risk profile.
What happened RKS!!! Many people said me GOBAR.... Still it''s below 710. Now long investors can buy why to waste time in ipo. I came to save retail. On my advise apply open in Advance
IPO Santra. First of all learn some etiquette. No one said u were Gobar. If u feel so then its ur inner self which is saying so. By the way I was also not very bullish on the IPO. Told that so and had said that it would move down issue price. However, listing below issue price was unexpected. However still the retailers are not in much loss. The negative surrounding the IT stocks is due to slightly poor results of Wipro n Infy and so called head winds from US due to Donald Trump presidential campaign. The stock does not seem to have much of a downside from here. Whatever happened today happened. It wont be repeated. Expect positive bias on the stock from tomorrow or the day after. Retailers do not worry. U r investing in a good IT stock and it wont disappoint u. Panic mongers have won round one. But its not going to remain so. Hold. Do not panic. Patience pays.
IPO Santra I hope u got some constructive n positive work also to do other than being on this website most of the working and waking hrs. If u dont have then atleast not everyone is as nikama as u then. I was not here on the forum as was busy with my meetings.
Now 708, still below IPO price. 8 Rs. gain for retail, definitely they can afford auto with the profit to visit temple & pray:)
Somehow only for this IPO I am agreeing with Kadwa sach, rest he is good for entertainment.
Septa, I really admire your hope & positive approach towards this script, but let me assured you, it will fail you, like it has to all its 20K employees.
1198.1. Septa| Link| Bookmark|
July 21, 2016 11:11:35 AM
(4000+ Posts, 4600+ Likes)
As i said Before in the forum my first employer was L&T and i was very happy working even though i only was there for less then a year anyway it was 25 years back..... BTW when i buy or sell stock i am not emotional.... I go by fact may be u have better knowledge then us with present working of L&T info however given the body language of senior management in the press conference they a bullish on increasing the TOP line..... We also got the news it has secured a 1000 crs deal from IT department which a big deal....
it''s a gr8 company . We in lighter note used to call it Learning & Training ...its a probably the best company to who gives u responsibility from day one even if u r a fresher.
1198.3. Septa| Link| Bookmark|
July 21, 2016 11:25:36 AM
(4000+ Posts, 4600+ Likes)
Its now call Lunch & Tea co., no future & no growth. I am talking of only Infotech. Just come & spend ur time, fight with PM or client or RAMG team if you are on bench. Finally get frustrated & start applying for interviews where you have high probability to meet your colleagues;)