well i just came here to see if any buzz in this forum. Glad to see your comment. I am holding one lot and have almost forgotten after the dissappointment..so i will hold for few more days then let it be as is, even if it starts giving the fuits.
Till now entered and exited in this stock 2 times,, bought 1 lot @49.60 and exited @51.95,, then again bought @47.5 and exited @49.95,, This stock looks good, but because of no interest from big players, looks like its always under pressure,, no clear LC or UC till now,, Shows the indecision by stock holders. In the beginning, I was confident about this stock. Now I am also not sure. Will enter again if it falls to 40 level or shows good indication of an upward movement
the things with me is that i bought this at 57.90 and at the same time due to the downside of the market i have already booked few losses in more such stalks which are into LCs since day one..so its only this stock that at least moves once the market opens hence i am stuck
though 57.9 seems too far now,, It will only take few UCs to reach beyond that value. I hope some big player enters into this stock as 3-4Lakh sell volume is not that big for big players. another reason of downtrend is OLAs falling GMP which is now in negative territory. OLA is a big player, if that can happen to it,, then dont know what is written for Tunwal. Only silver lining is bright sector in which Tunwal is operating. So we can just hope that it will do better in coming days. Btwy how many lots do you have @57.9? I suggest to average it if it goes below 40
No hope for big player to enter when many good sme are available at very good price, daily open high close negative so new retailers entering and old ones are booking losses
not much just 2 lots ...but due to sudden movement of funds i am just hoping that it at least comes above 50 once so that the losses arent that big as per 2 lots. @IPOse Dukhi Atma
I was thinking the same as well since there isnt any big noticeable series of events also happening in the company to attract players. @IpoMoneyunblocked
Hello @IPOse Dukhi Atma, Oh yes, i checked some time back just like that and found it to be hovering at 52 but then big selling orders came in and it is sturggling the hold the momentum since then. But interesting roller coster ride. haha
This company is a gem stock for long term. Be patient. The future of EV in India is bright. You will be rewarded if you stay calm. Current PE is almost 1/4th of its peers. It will be a multibagger.
Looking forward to it...though i while i was checking their financials and work ethics i didnt find something fishy but while i am little confuse if they manufacture or only assemble the imported parts from china.
hehe havent sold it yet..hard to take that call..i bought it on 57 so currently my lot is on a ventilator :D and another one which i invested in also has landed in LC right next day...its Clinitech ...out of all the 10-12 IPOs in the past few days only the ones i have are down :D
These sales figures pertain to those vehicles which are registered with RTO, Tunwal manufacture non RTO vehicles in which no lisensce and insurance is requried, i know it because i used to be dealer of KLB komaki, even figures declared by komaki are incorrect their sales is much more than shown here . TUNWAL almost sale approx 15000 two wheelers.
Mansi and Giriraj are not in loss i gave seen many deals by them in other counters which they buy high and sell low, so it cannot be trusted and they are very seasoned traders booking loss by them I don👆believe, second thing total IPO was of 33 crore only it is very easy to manuplate prices by operators, last 3 4 trading session volumes sujest big things.
All to gather 95L shares got delivery aprox still 1cr shares left in 5 trading days it fall from 64 to 49.60. coming days selling pressure will be there from people who bot on 23rd and 26th.apart from this 1cr shares left un traded yet who got in ipo @59 this is how @Vbhav
Single lot purchase karne wale jo retailers h unke upar selling pressure nai h, and attractive price dikhne par buyers aur ayege, so will not got till 30
Girija ji now completly out from this stock after booking 1.62 crore loss. Now mansi has aprox 10 Lakh shares and can not be trusted for long term hold.
Since i am new here so felt like asking who are Girija ji and Mansi ji? also, where can we find the details like who bought or who is the share holder or can we find that out even?
Yes saw that. I fell short of funds to invest in manglam infra because of Tunwal. I guess will have to hold on and let go few upcoming opportunities or might have to take a hard decision to get the funds released by booking loss.
Sauryadav , you will not able to invest in manglam as flippers will not let you buy for some days so hold tight dont panic as ola ipo keeps getting closer this will move upwards
Hey yes, i just thought of trying my luck in the pre market but now i have already missed the bus for mangalam...in the meantime i am holding onto tunwal. Also, despite the worries around Ola do you think it would be a game worth trying?
100% if you can hold for few days you will atleast not make any losses and who knows after 10 trading days circuit will change and fortunes with it too
This is what has made me stuck...i am holding 1 lot at 57 and now i have no clue what is happening. There is no coverage as well of any valid reason justifying the LCs in any bussiness portal too.
Hold onto it,, will surely rebound in coming days,, I have bought 1 lot today @49.6 and will average if it falls below 40,, looks like unnecessary selling due to selling pressure
Was just going through articles and came across a list of IPOs fascilitated by the 'Horizon management private limited' (below is the list of the ones launched in a year)...more than half of them are landing in LC. Quite a strange pattern..or this may be just a random matter of chance and could be ignored.
# Issuer Company Exchange Issue Open 1 Tunwal E-Motors Limited NSE SME Jul 15, 2024 2 Veritaas Advertising Limited NSE SME May 13, 2024 3 Shree Karni Fabcom Limited NSE SME Mar 06, 2024 4 M.V.K. Agro Food Product Ltd NSE SME Feb 29, 2024 5 Baba Food Processing India Limited NSE SME Nov 03, 2023 6 Cosmic CRF Limited BSE SME Jun 14, 2023
Very good company.. company fundamentals is strong. Profitable, PE is very low compare to peers and ola electric ipo gives push to this stock...so buy as much as you can...