Looking at subscription figure of S. Chand in NII. What will be the position of HUDCO. My estimate are that HUDCO Subscription in NII may go above 300 times.
Is this the beginning of new tactics by investors. I.e to 1st spread negative news about a company & then apply with full force in last moment so that others do not apply my merely seeing the subscription figures.??
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April 28, 2017 4:58:43 PM
Top Contributor (300+ Posts, 200+ Likes)
This is good lesson for investors who are relaying on grey market premium for applying. Gray market premium can be manipulated by operators to suit their game plan. Always go by the fundamental of the company irrespective of the manipulated premium in the gray market.