Hi All, I am new to share market trading. I had invested Rs. 60984 (242 shares) in man infracon IPO and had been allocated 25 shares. I sold them when value was 370. I made small porfit. Amount (Rs. 370x25 - ICICI Demat brokerage) has been deposited to my bank account. However when I got shares they deducted Rs. 60984 from my account and I still have not got refunded with rest of the amount i.e. Rs. 54684 (Rs. 60984 - (252x25)). When that amt will be deposied to my account? How long does it take to get full refund? Please let me know ASAP. Thanks in Advance.
HI SACHIN, ITS A GOOD CO AND A GOOD IPO IN FY '10 THE CO WILL POST AN EPS OF RS.25 AND IN FY'10 CONSIDERING A GROTH OF 30% EPS FOR FY'11 WILL BE RS.33-35 SO AT RS.310 IT WILL BE TRADING AT 9 TIMES FY'11, I HAVE A FEELING IT WILL SURELY COMMAND 12-13 PE SO PRICE COMES TO AROUND RS.13*35=455 THATS THE TARGET FOR ME I DONT KNOW THE GMP
ITS BV FOR FY'10 WILL BE RS 155 AND FOR FY'11 RS 190 SO AT RS.4550 ITS 2.4 TIMES BOOK BUT OTHERS LARGE CAP STOCK LIKE INFY, TECHM, TCS, ETC TRADES AT PRICE TO BOOK BETWEEN 5-10 TIMES
RM, U MAY SEE 390 IN THIS WEEK, IF U R NOT IN HURRY JUST HOLD ON FOR A BIT U WILL GET UR PRICE VERY SOON, WAIT TILL IT CLOSES ABOVE 360, THEN 390 IS THE TARGET CHANCES ARE GOOD
dear all holding man now the man has started its upword journey u r advised to sale only at ur comfortalbe targets, in any case not below ur cost
380-400 remains the target for this week &&&&&& that has a chance of 85% as all the selling has beenn absorbed now its upto manipulators that where they will take it
Dear subash, looks like you are new to investments and trading. If you feel this way that whenever you sell then the market goes up, this means that you are not selling at the right time. Dont blame the market or the stocks for your lack of judgement.
Bulls make money, Bears make money, Pigs get slaughtered.
Here, pigs refers to those who follow open recommendtions in TV, internet, e-mail, SMS & don't do their own home-work, don't have their own system of trading / investing.
I TOTALLY AGREE WITH RAVI AND I HAVE SOLD ALL MY SHARES IN MANINFRA TODAY.
today its bottomed out if u can hold plz hold there is no pont selling below 335 i m holding for better price somepeople are creating artificial pressure