Yes, news came out that ace investor Mukul Agarwal picked up around 2% stake in December
271.2. jajo| Link| Bookmark|
January 16, 2023 11:13:33 PM
Top Contributor (300+ Posts, 200+ Likes)
The other news is that Sula Vineyards' announced its standalone Q3 FY23 sales update which is excellent as the company achieved all time quarterly sales.
271.3. Gujju IPO| Link| Bookmark|
January 18, 2023 5:02:51 PM
Top Contributor (500+ Posts, 200+ Likes)
@Gujju IPO, in my opinion, Q3 results may not carry forward into Q4 primarily due to Australian FTA coming into force on 29th December which will give Australian wines’ a much better platform to compete and steal some market share. Also, if (sin) tax on alcoholic beverages is increased in the Feb budget, it may have an impact too. Just my opinion..
271.5. Gujju IPO| Link| Bookmark|
January 18, 2023 6:11:19 PM
Top Contributor (500+ Posts, 200+ Likes)
@kapz Thank you
271.6. jajo| Link| Bookmark|
January 18, 2023 7:58:22 PM
Top Contributor (300+ Posts, 200+ Likes)
@Gujju IPO Better to exit with the profits at hand and wait for an opportunity later after the actual Q3 results and budget. Company has just updated standalone Q3 sales update only. This is just my own opinion.
Sula has listed much bettter than expectation. With such quality books and overvalued shares during this panic market the listing near ipo price is surpassingly good. It gives a great opportunity to exit if someone has got allotment in this poor quality company, else we have seen what happens to such companies after 6 months of listing
Over-valued, that could be right but what is wrong with the books? Company has shown excellent Organic Growth and established Brand power in India and overseas.. Is that a small matter ?? But yes, country liquor sell more bottles than wine ; that is India where people are poor, low capita income category..
Cant u see the PAT figures. Writting is clear on the wall. Till FY21 teh company hardly made any profit. How come suddenly just before ipo they started making profit. Do i need to explain.
269. Earthking| Link| Bookmark|
December 22, 2022 7:36:10 PM
IPO Guru (1300+ Posts, 500+ Likes)
22-Dec-2022 SULA Sula Vineyards Limited GOLDMAN SACHS FUNDS GOLDMAN SACHS INDIA EQUITY PORTFOLIO BUY 6,95,864 351.48 - 22-Dec-2022 SULA Sula Vineyards Limited JUPITER INDIA FUND BUY 6,32,155 361.00
As predicted block deal happened in preopen... Another good thing is goldman Sachs bought in market time too...
Today it's the day of SULA. Without wine "SULA DIYA INVESTORS KO". Lucky ones sold in pre open or immediately on listing. Who had faith are on hold. Today a loss of about 7.5%. Difficult to predict future. In general during Christmas and New Year holiday, profit booking and some selling pressure is always there. But in addition CORONA fear may also invite selling pressure. JAGO SONE WAALO. SULA se bacho in present crisis.
Wait for few months I think it will reward soon. Brand always reward to it's Investor in shirt term. Now trends hv been change if you want gain then hold for few months.
Exactly, the new normal strategy after new HNI guidelines is to hold for short term, of course for stocks that have something in them, not everything...
268.4. lucky boy| Link| Bookmark|
December 24, 2022 11:01:39 AM
IPO Mentor (1300+ Posts, 400+ Likes)
@ PKRAJ sabko sulake chale gaye,,,,
267. ManishDwiv| Link| Bookmark|
December 22, 2022 5:38:36 PM
Top Contributor (600+ Posts, 200+ Likes)
275-290 level will be good for adding SULA...risk reward more favorable
265.1. Mr. Singh| Link| Bookmark|
December 22, 2022 11:53:30 AM
IPO Guru (1000+ Posts, 600+ Likes)
Is this issue resolved? Was it a temporary issue or selling is disabled for minor now in prostocks as well?
265.2. Learner SK| Link| Bookmark|
December 22, 2022 1:36:58 PM
Top Contributor (1000+ Posts, 200+ Likes)
Mr. Singh - Yes. There is a E-DIS option and you need to click there and approve it by TPIN. It is like verify holding option in other platforms. I think this is valid for one day only.
265.3. Mr. Singh| Link| Bookmark|
December 22, 2022 2:10:34 PM
IPO Guru (1000+ Posts, 600+ Likes)
Lerner Sk, you said some issue in prostocks minor account: salable quantity 0. Is that resolved after e-dis and tpin? I know e-dis option. Just wanted to confirm if prostocks allow selling share in minor account.
265.4. Learner SK| Link| Bookmark|
December 22, 2022 2:29:33 PM
Top Contributor (1000+ Posts, 200+ Likes)
Not a bad listing. At least a positive one against the expectations of negative. Good for listing gain sellers. No profit, no loss. Market opening in helped the listing in positive a bit. As soon as Market turned red, SULA came in as expected. Very high pricing, the main negative of this IPO. Market in very critical situation. Corona the main terror in the economy. So in the share market. Time for the investors to be very cautious. Play safe. Save funds. Be cash rich.
260. Earthking| Link| Bookmark|
December 22, 2022 9:35:04 AM
IPO Guru (1300+ Posts, 500+ Likes)
big game on now
260.1. Earthking| Link| Bookmark|
December 22, 2022 9:51:13 AM
IPO Guru (1300+ Posts, 500+ Likes)
I believe huge block deal happened in Preopen around 9:35 am buyers increased from 8 lakh to 24 lakhs ... my guess is a good name acquired the share at pre open ...
Listing at 361 and currently there are buy orders of more than 1 lakh share at 361. We can easily see this cross 400 today. Best of luck to all who are holding!
256. PSR| Link| Bookmark|
December 22, 2022 9:36:16 AM
IPO Guru (1300+ Posts, 700+ Likes)