Greytex, the lead manager and also market maket for this IPO bought about 2.5 lakh shares today. If not for them the price could have gone even lower it looks like.
Beware guys, looks like there is limited upside in this stock and more down side atleast in the near term.
how come? share( rappid valves) opened at 312//touched high of 327. low of 302. now at 305. on which Brilliant trading platform did you sell the share at the extra ordinary price of 372.5. ?
#OffTopic. Dear CG members, any opinions on DFPL (Dindigul Farms)? Holding it since allotment with a medium term view (1-2 years), but this is currently trading at 50% of its lifetime peak. Do you foresee any value in holding this?
38.1. Simply Vicky| Link| Bookmark|
September 29, 2024 5:40:52 AM
Top Contributor (700+ Posts, 100+ Likes)
@world wide explorer Its one of director mr.rajshekhran r is also the director of ar dairy foods which was supplying below grade desi ghee to TTD tirumala and is blacklisted by TTD for future contracts. It may bear the burn in its home state also due to losing credibility which may reflect in its results very soon. I may be wrong for prediction. But market may be taking cues from here.
@Simply Vicky Thank you & interesting find!! Seems exiting timely would be a better option now. Usually sentiments overpower other factors in the market.