Not like massive correction. market need healthy correction time to time. Even after budget it will be healthy correction only. Moreover IPO listing also depends on company valuation.
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January 21, 2021 5:02:19 PM
Top Contributor (400+ Posts, 200+ Likes)
I think the quantum of correction depends upon FinMin''s offering but market will surely correct irrespective how good or bad budget is.
As per the rule of gry market. gry market ke niyam ke hisab se jis kisi bhi shares ki application sabse jyada subscibe hoti he uska listing hammesa premium me hi hota he so ye baat to hamare profit ki he .
or rahi baat company ki to stove kraft company aapke ya mere liye koi new company nahi he hamare hi bich me deal karti company he so agar koi bank se intrest pe pesa layega to us company ko apne profit mese intrest dena padega bank ko but agar company share listing karke apna dept kam karti he to aage chalke company ke profit ka share investors ko hi milega so me esa manta hu ki hame stove kraft ko apply karna chahiye.
@PANSIN - I am not a expert, but based on my understanding, it is better to avoid this IPO because they have done a lot of window dressing on their financials such as reducing their employee expenses and other important expenses for a time period so that their profits can look better, but in the long run they have to incur these expenses to survive the competition from brands like TTK (Prestige) and Hawkins
But a makeup artist can make up anything, how nice they have dressed there financials I feel they will also make a mega listing, sounds good for listing gain, but risk taken should be 1 you can absorb easily.