TATA STEEL WILL GIVE REASONABLY GOOD RETURNS.I EXPECT INVESTORS WILL GET 15-19 RUPEES PER SHARE,AND AS THE FPO IS NOT HEAVILY OVER SUBSCRIBED INVESTORS WOULD GET ATLEAST HALF FOR FULL APPLICATION.(2 LAKH ).
Gane, PSB results will be out today.I saw yesterday in economictimes or businessstandard about FIIs queuing to buy LIC Hsg.Hence this spurt.Hope you remember my previous post long time back that LICHSG is a blue chip & this is not a private company which will become untouchable by the wrong action of 1 man.
Guys, the price of LIC is going in reverse trend after touching close to 195. so beware.
I hope many might have enjoyed huge profit in this counter.
Thanks to sreedhar.
I still hold my shares as I am going for long term in this counter which I bought at 152-153. However I made a small money in traday today in IDBI, LIC and Indiabull Financial. However I lost little bit in tvsmotor. I am learning lesson now for the past 2 days. Hope I will improve in this kind of trading. Alltogether for both days, my intraday trading is in profit.
Thanks again to sreedhar.
Sreedhar, I did not see your message regarding jayanth. So I missed it and took the wrong choice (TVS).
Given in 3 full applications. Now the overall subscription is nearly 3 times. With the QIB portion at about 5 times NII at about 2 times the price will not be fixed anything less than 610.
Dear Boarders, Apply for Tata Steel. All analysts have given subscribe call except Tulsian. Outlook for tta steel is very strong. Subsription shall be only 2-3 times in retail so good chance of getting quality shares. Minimum 10-15 Rs gain per share. It is far far better than PSB in which we could get only 50 shares of 2 lakh application and that too is struggling. Don't lsiten to so call Chittorgarh experts, apply your mind.