Yes,STOCK Today listing of cadsys have given bumper returns UC at 84. DP wire is a cheap stock available at 15pe while it''s peers are available at 45pe, 3 times costlier than this.So it may list around 85 tomorrow
I agree with kishna patel. As the MP TODAY created hefty profit nearly 40%in two days, same way DP wire is fundamentally strong company in wire and plastic segment having intact growth prospectus. So it is better to buy on listing day rather than to sell. We must keep dp wire in our portfolio
I won''t be a single seller na...der vl be seller of Approx say 10 lakhs shares too....v all should make a cartel...not to sell below issue price atleast...!
Dp wire is MP based good company.its eps is 5.03 on last yr results works out to be at 15pe shares are alloted. It''s peers are available at around at 40 pe. So it is better not to sale on listing. Keep in portfolio.Same way MP based MP TODAY IPO rather subscribed in poor but gave best listing.
This date on 26 Sept many sme ipo have last date.Also in Pratap Food has last date.Also same day market collapsed created negative sentiments. DP wire is good issue and need not to worry. Perhaps it was having Grey market premium of 8000.
strong fundamentals & consistent good results, will list at a reasonably good premium. ALLOTMENT CONFIRMED FOR ALL IN RETAIL CATEGORY. only such issues, where there is not much of a crowd, does well in listing.