I DONT UNDERSTAND THE PHILOSPHY OF US RETAILERS .WE CAN APPLY FOR ISSUE LIKE RELIANCE POWER WHICH WAS TRADING AT 5 TO 6 TIMES ITS BOOK VALUE OF FY 2015-16 .HERE THERE IS THIS ISSUE WHICH IS ONLY 1.5 TO 1.6 TIMES TO ITS BOOK VALUE OF NEXT YEAR WITH EXCELLENT BUSINESS PROSPECTS AND GROWTH AND PE OF ONLY 8 TIMES FYO9 AND WE DONT APPLY AND ADVISING OTHERS TO DO THE SAME .THATS RICICULOUS .THER SHOULD BE SOME COMMONSENSE WHICH SHOULD PREVAIL
Don and Lokesh both of you are correct. Don has given the consolidated report of both NSE and BSE while mr. Lokesh has given only the report of BSE. Hope for a good listing.
REC is one of the best company as per the account details. Will list about Rs.135 and within a week will touch Rs.160. At present Form cost is Rs.2500 to Rs.3000.