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November 2010

Coal India Listing simply stuns everybody…Issued at Rs 245, opens at Rs 294, races away beyond Rs 320 and closes at Rs 342 near high of Rs 344 !…fourth largest listed company by market cap !

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Coal India……What a stunning Listing !….surely beyond anybody’s expectations Issued at Rs 245…opens at Rs 294…races away beyond Rs 320 before one could catch some breath….stays above this all day…touches a high of Rs 344 and closes near it at Rs 342 ! Coal India is now the fourth largest Listed Company by Market capitalisation….At Rs …

Coal India Listing simply stuns everybody…Issued at Rs 245, opens at Rs 294, races away beyond Rs 320 and closes at Rs 342 near high of Rs 344 !…fourth largest listed company by market cap ! Read More »

COAL IS COOL….COAL IS COOL….sing it to the rhythm of SINGH IS KING !

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Coal India lists this morning….Expected to show Rs 300 atleast for awhile…surely Rs 275 +…Issue Price was Rs 245 with retail segment getting a 5% discount to make it Rs 232.75 for them…and this segment was oversubscribed 2.28 times and got the benefit of rollover from the undersubscribed Employees Segment….Those who applied for max 400 …

COAL IS COOL….COAL IS COOL….sing it to the rhythm of SINGH IS KING ! Read More »

Happy Dhanteras to all of you

1 Comment / Gold and Silver, Inspiring and Motivating, Investing Themes, Reflections / By

We begin this Festive Diwali season with Dhanteras today….Happy Dhanteras to all of you….May Joy and ‘Dhan’ Prosperity abound in your Lives….Wishing a Healthy and Wealthy ‘Tun,Mun and Dhun’ to all of you…..Time to be traditional,emotional and sentimental….go buy some gold today…even if it just a token One gram coin….don’t look at the price…..it’s bound to …

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Lloyds Steel @ Rs 14….. Promoters Stake now 57.75% from 17.61% on Conversion of Warrants at Rs 10

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On December 24,2009 and then soon after on January 7,2010 I had blogged on Lloyds Steel and asked you to watch out for it in 2010…it was Rs 9 in December 2009 then flared up in January to Rs 13+ going all the way to Rs 20 before reacting back to Rs 12…past few days …

Lloyds Steel @ Rs 14….. Promoters Stake now 57.75% from 17.61% on Conversion of Warrants at Rs 10 Read More »

The ABC of CORRUPTION….Aggression is the best form of Defence

2 Comments / Controversies, Corporate Governance, Reflections, When My Mind Meanders... / By

A for ADARSH B for BOFORS C for COMMONWEALTH GAMES The ruling Congress Party certainly is heavily weighed down and is adopting the strategy that aggression is the best form of defence…..just heard on a TV News channel,the  party bigwigs,President Sonia Gandhi and FM Pranab Mukherjee lambasting RSS/BJP for the Babri Masjid demolition when attacked for no …

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