Only problem with this company is good governance like Indigo. Prompters increased their own salary before IPO. Indigo promoters also distributed corers of Rs. before IPO. Though market ignored this at the time of listing for Indigo. But I don''t know how market will react on this while PCL listing.
Not an ipo expert bt as mechanical engineer tell you one thing-camshaft is one of most important component of any automobile,one can not even imagine automobile without camshaft,no technology can replace this component in near future as well...so if this stock list in discount then just buy...buy..buy...and hold it tight :)
Well first thing I want to tell you that electric cars will not replace conventional automobile in near future say 8-10 years,and yes camshaft is used in transmission system of automobile so its needed whether it''s electronic car or conventional one...!!!
i had applied six (6) applications of 80 shares in family members name. Got Allotment in Four (4). Hope for a decent listing. When is this to be listed. Plz Reply !!!
i have applied 80 shares of precision camshafts through hdfc bank i have alloted 80 shares but instead of debit 14880/- bank has debit rs.27630/- from my a/c. please check all applied through hdfc bank
Expecting PCL to list marginally above list price. In case if it falls below the IPO price, will buy the stock in bulk. Gud stock to hold in portfolio...
I want to know about future of Indigo stock.. I haven''t sold it since its IPO Any recommendations
767.1. Septa| Link| Bookmark|
February 5, 2016 7:13:45 AM
(4000+ Posts, 4600+ Likes)
It is good stock to have in ones portfolio market leader with proven track record.... At these price I will add more with long term view. As I mention earlier I brought heavy during the IPO and also book profit when some target meet and reduce my holding to 1000 shares. At these price I would like to add more however with longtime horizon.
Didn''t get any allotment.... Will ramp up if available at right price (150-160).
766.1. Septa| Link| Bookmark|
February 5, 2016 10:24:28 AM
(4000+ Posts, 4600+ Likes)
few things issue like this happens so next time when u apply apply in multi application in family names dad mom wife kids grand kids grand dad grand mom also if you think u have missed out on IPO do not worry others will come by and also as u said u certainly can buy from the market