Buy northern on listing. This will zoom to 75 atleast shortly. Companny is issued at dirt cheap valuations of 2.5 PE on FY20 earnings...You dont get such a cheap company in today's world. at 10 PE (reasonable) PRICE SHOULD BE 170. i.e. 4x
Dear Dinesh So for not yet decided. But i like retail sector. This is gujarat based company. Fingers crossed for Artedz listing. If this company comes after Artedz lising means i will apply according to listing of Artedz.
They are making full of us. Borrowing money from us by higher issue price and after listing price come down. They don't bother also. And some times company delist also. It is better to invest in primary market or else keep in bank fd. Atleast you cant loos your money. Beaware of such issue who dont have any fundamentals.