this company is fundamentally valued at above 250 rupee...and should command above 250 cr-300 markety cap....hence 150-170 rupee is implied......buy in grey market or on opening......first targets will be 160-170.
Praksh steelage seems to be decent ipo.Its market cap will be around 180 crores vs 700 crores for Ratnamani & size will be almost equal after ipo & expansion. Profitability for pipes is high for Prakash & even a very conservative analyst like Sucheta dalal likes the IPO.
Time is there till 7 PM today .Go ahead & apply.can easily reach 150 rs in near future
Dear Mr.Natarajan, Just now i spoke to intime people & shares of EIL will be credited to our a/c by tonite, so relax. i have alredy sold it today milinds