A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Shahzad…this one’s for you…you had asked for it a few days ago……Temptation Foods (TFL) PRESS EXPOSE OF TEMPTATION FOODS & IT’S PROMOTER VINIT KUMAR TFL and it’s arrested Promoter Vinit Kumar was yet again the News yesterday morning in the Mumbai Mirror …. the Mumbai Morninger from the Times of India Group was following up from it’s story …
Tony, Shambu & Swaroop….this blog on MOIL is in response to your requests….but will serve the interests of all readers As expected MOIL IPO received overwhelming subscription….Issued at Rs 375 with a 5% retail investors discount……and as expected it listed quite marvelously on December 15….reaching a High of Rs 591 on BSE…reacting sharply to close …
Seems to be a dull drifting December though Sensex & Nifty has recovered to 20k and 6k respectively…looks like Stocks too are preparing for Vacation…lower volumes than recent average and sideways movements,with a few interesting exceptions…have a look below at some of the closings of few scrips on BSE today…stock scam expose and arrests by CBI and the SEBI …
Conducted a two days Equity Training Program past weekend at the BSE Training Institute…Interesting mix of participants….from SEBI,Exchanges,Broking Houses,Youngsters from Top Schools & Colleges,Top Management from leading Corporates Houses in Logistics and Oil & Gas,Mutual Fund Houses…. ….Interesting Interaction…. fair spread of the fair sex too made it interesting to pit how a Man thinks against how …
Government got Gold with Coal India’s IPO last month…It was a Win Win Situation all around…as Issue Size was huge the Retail Segment was oversubscribed 2.3 times and also benefited from the rollover of the unsubscribed Employee Quota …so allotments were good…max 199 shares at Rs 245 less 5% discount And Now we have the IPO of …
S Kumars has been providing a nice joyride to bulls in 2010…intensifying this last month after being included in the F & O Segment too…even today it surged to Rs 96 from Rs 85 on Friday….it had begun the year 2010 at Rs 45 levels…and thus has doubled in eleven months in this calender year If …