A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
I had told you that the Government was Greedy when it priced the NHPC IPO at Rs 36 Listing Gains were indicated…but yesterday the Listing was listless and it was only some strong face saving market making that kept the price over the Price decided of Rs 36 But today it dropped to Rs 35.75 on …
NHPC drops below Issue Price of Rs 36 on second day of Listing Read More »
I had warned you on July 25,2009 that Adani Power (APL) may not have an exciting Listing…Though the grey market Premium of Rs 10 had indicated listing gains……Check out my take on the APL IPO IPO of Adani Power at top end Rs 100….Aggressive Pricing makes it an Aggressive Investment It listed today and struggled right through …
Adani Power Struggles on Listing today…saves face by closing at Issue price of Rs 100 Read More »
The NHPC IPO : Market Hype and Seduction The Market is in Love with the Power Sector Even at Top end of Rs 36 of NHPC’s IPO Pricing Range, the current grey market premium of Rs 8-Rs 10 is indicating listing gains….The Issue opened this morning and has crossed 3 times oversubscription till afternoon…so clearly the market …
NHPC IPO at Top End of Rs 36…It’s a tradeoff of your Greed and that of the Government ! Read More »
A few observations on the IPO of Adani Power (APL) At the Outset The Flavour of this Season’s Bullish Momentum is the Power Sector and APL’s IPO takes advantage of this by aggressively pricing in the Rs 90-Rs 100 band….Momentum should list APL in positive territory…Rs 110-Rs 120…Grey Market Premium is around Rs 10 and Application Financing …
Just perused the Model Equity Portfolio for India that Reliance Equities International has launched.It’s been authored by their Head of Research Excited to know what’s in it ! ?…more so after I tell you that the Report is titled ‘Boom and Bust’ with the tagline ‘Resistance is Futile’ !? Turned out to be a Dampener really…no Originality at …
Returned late night from Bengaluru at 1 am in the morning as Flight was delayed after delivering a two day Equity Workshop at the weekend…the eight in a series for a Broking House…It was pouring as we drove to the New Airport,50 + kms away from the City…but we had a Mad Max Driver who drove as if …
Thanks Karnataka and Andhra Pradesh !….Bengaluru Equity Workshop Concludes Well Read More »