Shankara Building Products Ltd IPO Message Board (Page 2)

By the way has anybody noticed Endurance, it made high of 830.

From IPO allotment, I booked profit of 1K and still holding 5 shares.

Lucky those still holding the allotments

I am holding both shankara & Avenue super mart

and it zoomed.... still holding 32....

Septa sir / eagleye maam plz suggest few stock for long term investment (6 to 10 months criteria).

@Septa ji
What is you view on Precision Camshaft at this levels? NSE:PRECAM

Why is it rising so high? ???

Avenue supermarts crossed 700 today.. RBL is up another 4% today... This market is going crazy..

Descent of Shankara Giri begins.
Today at 625 level.

... So Sorry to disappoint you Sir ...

@Eagleye mam, your target for shankara ? Should we hold or sell at these levels ???

@Septaji
Sir, deliverable quantity of SBPL on 6th April at NSE is 14.57% and at BSE is 13. 01% (Source:NSE and BSE Websites).
I understand that low deliverable means the investors are not taking long term positions which may also mean that investors don''t have confidence in holding the stock for a long period.
I seek your expert opinion on the above.
Hope I am not boring you.

Disclaimer: I don''t have much knowledge in the share market.
I don''t want to spread false knowledge.

The answer is yes and no. It all depends on the available float of share and also volume of share traded. Without knowing the volume and the free float it is hard to judge the real demand for the shares.

IMO it will stabilise at the price then the next up move will be close to result date

Now RBL bank in overbought zone...wait some correction , btw good stock for long term

solution to all who asking about rbl bank good to hold rbl bank and buy at every dip it is good for long term keep this stock for at least 3 to 5 years

Want to invest in some banking stock for long-term ....kindky suggest some stock....planning to invest in rbl or icici or axis ....whuch stock will be btr to invest

On PSU bank BoB has good potential, otherwise I will suggest to go with Housing FInance companies

rbl on dips. Returns r expected good if held up to diwali

@septa & khemka, what is your view on persistent system????? Pls share your views soon. THANKS

Respected septa,
Can I hold NGl fine..and poly medicure for 3 month??? Pl.guide sir...thx a lot in advance..

Respected septa ji...is it a good time to book profits in rbl bank cmp@550..pls give ur valuable advice..thank you

Septa ji can i make fresh position in rbl at current level....plz advice

@Arihant I will not take a fresh position as it has moved to fast to soon.
@septa Rs 1500 will not make much difference however if you need to sell in 3 to 6 months I will have a stop loss at that level it falls you will get Rs1500 it it increases in next 3 to 6 months it will be additional profit. Just a cautious share do not move in one line so correction is on cards

Hi friends, please stay away from Infibeam stock. Its promoters are manipulating its stock price.

1. Bennett Coleman bought a stake in Flipkart on Feb 17, 2017 for Rs 260 crore. It wanted to buy stake in Infibeam for a similar amount roughly Rs 250 crore to Rs 300 crore then why it bought for only Rs 60 crore? Bennett Coleman is an existing investor in Infibeam and will gain if the stock price of Infibeam goes up. Bennett Coleman received phone call from promoters of Infibeam during an ongoing Board meeting on Jan 25, 2017 and got access to confidential insider information about acquisition of CCAvenue and therefore it agreed to buy warrants for just Rs 60 crore. Phone records are proof of it. What were independent directors doing in that board meeting? Why didn’t they object to calling Bennett Coleman in on-going board meeting? The company did not close its trading window during its Board meeting in Jan and Feb, 2017 and gave free pass to all insiders to trade on insider information. It is a violation of insider trading and corporate governance norms.

2 Watch CNBC TV18 interview of Feb 23, 2017of Neeru Sharma (director in Infibeam). She did not answer the question why promoters didn’t invest such a small sum of Rs 60 crore themselves in company rather than taking it from Bennett Coleman? Bennett Coleman picking up a stake makes headlines. You will see more preferential allotment being done to Bennett Coleman or someone at a higher price (Rs 1500 or Rs 1700 per share or higher) in coming days for further pushing up the stock price. Infibeam needs to raise money by diluting its stake at a higher price or increase its share price to pay for the acquisition of CCAvenue in stocks.

3. From where will Infibeam get Rs 2,000 crore when it earns just about Rs 40 crore profit in current fiscal year? How much CCAvenue earns in revenues and profits every year no one knows. Infibeam does not want to share any information with its shareholders about CCAvenue. How can CCAvenue be worth Rs 2000 crore in Jan 2017 when Infibeam bought a stake in it a few months ago at a valuation of Rs 1500 crore? Why no auditor or investment banker or an expert opinion was taken to arrive at a fair valuation of CCAvenue? How can a valuation of CCAvnue be known to Infibeam beforehand without doing its due diligence and knowing the risks and liabilities involved? The acquisition was under cover for a longer period of time than it is made to appear.

4. Why do we always see research report on moneycontrol on Infibeam stock only from KRChoksey and no other research/brokerage house publishes it? Deven Choksey is a family friend of promoters. Phone records are proof of it. He is helping in manipulating stock price by always publishing research reports with higher and higher targets. Is he also having insider information, your guess is right.

5. Why no domestic institution, mutual fund, insurance company or FII is willing to buy a single share of Infibeam when its stock price has more than tripled in less than a year? Why only Bennett Coleman is buying?

SEBI is looking into all these issues actively and accessing phone records, a complaint has been filed with it. In April when one year lockin period from IPO gets over, promoters and other pre-IPO shareholders will start offload majority of their stakes in market at higher price. After SEBI passes its order, this stock will fall down to double digits from four digits.

Yesterday deliverable of SBPL is only 17%.

Money control show''s false data.it show''s shankara face value only 2 Rs .

@Septa

I mean do u rely on bse or nse data or they also present false information.

05-Apr-2017 Shankara Buildi (NSE)

Ashoka Pte Limited – Buy – 400221 at 586.60
Girik Wealth Advisors Private Ltd – Buy – 134000 at 572.72
IIFL Asset Revival Fund Series 2 – Buy – 150000 at 580.13

Hope the evergreen handsome blad person is not joking I agree with that conditions too if she agree. Elite is always elite. Diamond are not made in one day but from coal. LOL

Ma''m you were so right for Shankara on 750 target !!
Thank you :)))

Should we apply for S CHAND ?

Price of this stock is still attractive

Buy and hold some shares of each good stock for long term.