Hi Ashok. In current market conditions its very difficult to say anything. However for QH, its better to avoid any position in the stock. My personal take- the stock is going to open in negative. Maybe 300. Thereafter, the stock price would move according to market conditions.
Premium update in Dalal Street for Quickheal 09/12/2016 40-60 10/12/2016 70-80 11/12/2016 35-45 12/12/2016 80-90 Best of luck to all for allotment who have applied. Dont be in rush to sell in first hour. Stock may open 380-390 and can hit intraday high 425.
It is funny.people havent lost interest in ipo. The ipo story is over for now. I dont think more ipo will come for atleast few mths which is good. See europe market are up 2 pc. Dowjone future showing up. So all market have recovered except india. When u say an economy is growing fast and has highest gdp and that market is falling most and not recovering. I think jaitley shd resign now. Time fot modi to appoint new finance minister.
Quick heal will defintely hit lower circuit on day 1. Unlike teamlease in which very high hni and qib subscribed. Also quick heal profit and margin are continuoaly decreasing. Make ur balance null to avoid any allotmet