plzzz don't go by gray market premium, as it can vary .take the case of reliance power & burnpur cement . always remember that everybody in so called gray market is there to earn money from you , not to give money to u
This is sweet after chilli from Reliance Power. Government have given chance toa ll the public to cover the Ambani's loss with REC's listing profit. No Doubt, it will definitely give good return as SARKAR have a sympathy will AAM public that have incurred huge losses bcause of AMBANI'S RELIANCE.
I am a long term investor. Taking into account EPS of 13+ per face value of Rs.10 share (PE at offerprice works out to less than10). I am going to apply in full at higher band. Even, if the company declares the dividend at the same level, the return works out to 10 to 12% per annum, better than Bank Fixed Deposit and dividends are interest free. Leave alone the capital appreciation.
THIS MKT QUIT IMPRESSIVE NOW. MAKE MOST OF IT. MANY CO'S SHARES ARE NOW AVAILABLE AT RESONABLE VALUATION. APPLY IN REC WITH FOR BOTH FOR LISTING AND LONG TERM GAIN AS WELL.
Dear invester REC is a very good issue for long&short term investment,its gray premiam is 35-40 at this time i think REC list on 145-170 same day.for any consult call me 9460146758 for any stock.