Management says 👍Industry will grow by 30% & company outgrow industry 🎯Margins will hover around 12-13% for next 12 -24 months 🤩Order book backlog around ₹2500 cr
Listing on the lines of GMP of C G as well some of the members. But some members were expecting more listing. Not bad to expect better. Today's market is positive which helped a good listing. Friday's market closing was not a good sign for Monday i.e. today. But a good start of the week. The positive point of this listing is that it has not breached the listing price. For long term investor there should not be any problem at all. Short term investors must keep eye on fluctuating price and fix one price to exit. Congrats to all who got good profit.
Retail and hni have only 52 lakh share and delivery volume is more than 1 carore. Means qib are also selling and not willing to hold long term. Correct me if I am wrong
Difficult to believe, 425 was just printed, even my order of 420 didn't go through.
474.3. CB🤗| Link| Bookmark|
July 10, 2023 10:28:27 AM
IPO Mentor (1300+ Posts, 400+ Likes)
Great shot..Only a trigger is suitable for picking this kind of price. I did sell 2 lots via trigger, had I set higher price the chances was there to get but based on Kaynes shni sell I went with small upside for 10am order surge
474.4. Pandit Ji| Link| Bookmark|
July 10, 2023 11:18:50 AM
Top Contributor (400+ Posts, 200+ Likes)
I had Put an Preopen order at 425/- on NSE ,pleasantly surprised to see order executed , so to say it was just printed is not correct
Strong Hands Booking Profits. Retailers are buying because of fear and greed. Very high valuation and not a proper end user application setup. It'll fall more & retailers buy more. its a trap only!!!
467.2. Cyclodium| Link| Bookmark|
July 10, 2023 10:35:47 AM
Top Contributor (600+ Posts, 100+ Likes)
i brought dcx on listing day (worst decision) still holding it duringthe fall i was at 20k loss now only 2k loss
467.3. CB🤗| Link| Bookmark|
July 10, 2023 10:47:43 AM
IPO Mentor (1300+ Posts, 400+ Likes)
Had bought DCX 300qty @ 295. Still holding. Recent rebound was so good that I have got confident that it will pass 350 in 6 months.Hope that happens and my first target 350 hits soon.