Earthstahl & Alloys Limited IPO Message Board (Page 3)

Not an expert but strongly feel it needs some time-based consolidation before it start moving further. Maybe, Rs.60-65 zone for consolidation...

I feel, it will reward you. All the possibility for UCs to resume again.

@ Rohan Bajaj,
It was not a blunder. Keep holding for few weeks, this will give good returns

All the best @Trueinfo and @ SSingh for great returns from Earth

Thanks

@M ravi sir still holding chaman or exited? It is testing patience a lot

Thanks @Ravi Sir 🙏🏻
Holding just 1 allotted lot.. Did you buy more today? 😊

@MRavichandran, sir thanks. Your guidance is very valuable.

@SSingh,
Earth - bought 4 lots today (total 14 lots)

@ A prem,
Chaman - bought 5 lots today (total 47 lots), need patience here ( due to big size, still some selling is there), for good returns in near future

@Trueinfo,
All the best for Earth and other your SME holdings

Thanks

Nice @MRavi sir…
If there is any way to connect with you directly, please let me know 🙏🏻

@SSingh,
Not sure. but here it is Manickam.Ravichandran

Thanks

Thanks MRavi Sir. Your opinion on All E please. How much you are holding and how long do you wish to hold🙏

@Imhilli,
All e Tech - results today. Holding 19 lots.
After Phantom good results, expecting same here also. I will hold minimum 3-6 months. All the best to you.

Thanks

@mravichandran sir pls share all e tech results once u get.

@mravi, based on what’s reported yesterday, I think Phantom results are just okay-ish, not great, hence, not much uplift today. (Well, it’s already more than doubled from IPO price)

Revenue-
Q1 - 1234.88 (as reported in RHP)
Q2 - 1412.09 (as reported yesterday for 6 mnths minus Q1 numbers)
Q3 - 1315.22 (as reported yesterday)

PAT
Q1 - 411.11
Q2 - 392.45
Q3 - 399.59

Are you seeing anything differently or any valuable information that may help us in understanding better too?

@Kapz,
you are right. The results are just good (they maintained the growth at the same rate of IPO, that's important). It was listed above 300 with those expectations and retrieved back. EPS for this QTR 5.5, which is around 22 for the year, with the PE of 10, price around 220. with so expansion plan of Hyderabad & Mumbai and recruitment drives, future looks better.

Thanks

Around 40 percent changed hands....some smes can't even do this on opening day ....

Yes. Big block deals happening today:

Me too..... At 65

@Arca , what sir...It went down after upper circuit....now 5%down

How much quantity

PE ratio is very very low and company is having good growth rate
So i dont think you will be able to buy below 100

Circuit is strong here.. not going to open in next couple of days.. even I tried to add one more lot but order didn't execute.. short term Target 80rs.
Most of the people missed to bought this in preopen because of Chaman Fisaco... But SME IPOs love to surprise the audience.. :)

@ Noorul, agree with you. The circuit appears to be quite strong and I believe your endorsement would make it further strong. I was lucky to buy a lot in pre open, since I got no allotment in this despite applying FF.

If any buyers are there in our group definitely it will break in 1or 2 days because orders are just from retailers like us and not persons with broker terminal.if no one there in our chittorgarh group maximum it can go upto 10th day ie 90₹. From 11th onwards it can never hit circuits without breaking.
Even drona circuits broke on 7th day so if it goes by that pattern expect circuit breaks on Feb 16th.

Nothing is bad about the company.most of d people booked profit.we can expect another 2 LC's and again it will raise...this company has huge growth prospects and i am confident that it will go 150 by March 23 with little bit fluctuations.if u don't bother short te fluctuations,leave it for few months and see the magic.this company is going to post very good results.

@ipoaspire, Thank you sir🙏

Try Tomorrow ,may be u will get