A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
“Delta calling Romeo..approaching 140 fast….can you forget Juliet for awhile !” “Romeo calling Delta…affirmative….from 60 to 90 to 140 so fast !…more exciting than Juliet !…target and ETA please ? “ ” Romeo calling Delta,repeat target and ETA please…hello Delta…hello Delta….are you there ?”
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 listed at Rs 294 and in a minute or two has raced away to Rs 314 ! Wow !…lets see if price sustains !
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 …
IDBI Bank opened at Rs 190 this morning,taking off from the last few minutes surge last afternoon to Rs 187….Price could not be sustained and currently it’s trading below Rs 180 at 3.15 pm….just a coincidence perhaps that there is an analyst/broker meet organised this afternoon at IDBI Towers at Cuffe Parade,Mumbai to boast the second …
Venky’s Share Price dropped 9% today from Rs 900 + levels to Rs 832 close……why?…..perhaps the market is skeptical that the Group’s just announced Investment of £ 46 Million or Rs 325 crs for the Price that the Pune based Rao Family owned Venky’s Hatchery Group will pay to pick up 100% of English Premier League …