The FY09 eps estimate is Rs 3.70. Assuming the market rewards the stock with a PE of 20 - 25 (NTPC currently has a PE of 19.8 on FY09 earnings) it will open in the range of 74 to 92.50. If you are looking to exit on listing keep a sell at atleast Rs 90. If you are looking to make a quick buck on the listing day buy at any price around Rs 74 as it is sure to go up and test Rs 90+ levels on the same day.
Expecting a sure return of 40 to 50% on the day of listing (i.e., listing anywhere between Rs.73 and Rs.78). Logical reasons behind this expectation are: (a) QIB portion is oversubscribed by 115 times (b) Market is doing very good at this point of time (c) Unique player in the industry
refunds are not yet credited to my ICICI Bank account nor the same is reflected under "Cheques in Clearing". Hopefully the same would be credited on Monday.
Hi all, please visit this site, FM cautioned small investor on near future market corrrection... http://economictimes.indiatimes.com/News/Economy/Finance/FM_tells_investors_to_be_cautious/rssarticleshow/2413407.cms
It is BESt TO BUY power grid even on listing and forget it for 1 yr .I know these goverment sector stocks like ntpc,power finance,sail all tend to go up slowly and steadily.I think buting even at 80 rs will be good investment.i myself will buy in huge amounts on listing this stock is best for retailers.so buy on listing and lock this shares in ur account like ur best investment in port folio. Disclosure:i have got 286 shares in ipo and will buy 1000 shares on listing.
Mr. Ashok rupala, It could be following reason 1. Incomplete form submission 2. Address mismatch with DP account 3. Incorrect informations such as DPID
Mr XYZ, Please dont take this as offence, this site is to express investors views, not to fool others... to share information what each one get... its not possible for all fellow baorder to visit all sites, so some people put the news what they have read or heard... nothing more than that... all visitor will consider the masges posted on this site as information only... so, nothing to fool anyone, i think all are matured enogh to understand this... take it easy sir..
As a small investor I personally feel, this is not the stock to sell on listing day and book the profit... this stock is for long term... I will explain my own mistake done in NTPC, I had around 500 shares of NTPC, just to book the profit I sold them at 80/share, do you know whats the current (with in two years) price of this share, its Rs.200/share. Today I regrate of selling those shares... so, dont do same mistake... hold them, no matter if market sees correction in near future, intead of selling them , try to buy at lower price. In India, power is major sector (i can say life line of any country), so try to hold these shares, if possible try to buy at lower price (say 65-75)...
Mr. Allaudin Harshad Jr, I understand this company (share) has good future. But, keeping in mind (if you have read moneycontrol news, Finanance misister has caustioned small investor about near future correction), the share price may go bellow Rs.75 (but, i am 90% sure that it will not go bellow issue price). Its like another NTPC, i FEEL it will give atleast 20% return.... but, as you know market is always risky... take your own decison. if you are young enough to take risk, then you can bet this stock. If you ask me, I always invest surplus money in stock, not the one taken on loan (now a days people are investing money by taking from other)... But, I am going to buy 1000 shares, if I get at 65-75 range... happy investing... final decison lies with you...