PE ratio is very low and this sector will be in demand as infrastructure budget is increased by the government for next financial year . Future is very bright.
Qibs in sme suck they always easily get alloted and sell at open as they get good return for money deployed with no risk.i hope it doesn't turn like vital or all e
200.2. SSingh| Link| Bookmark|
February 9, 2023 5:10:07 AM
IPO Guru (1400+ Posts, 800+ Likes)
Will hold with a SL. Letβs see how it goes from here.
198. abc xyz| Link| Bookmark|
February 8, 2023 2:53:06 PM
IPO Guru (1300+ Posts, 1300+ Likes)
Stock today closed in upper ckt. Today's price 57 @9.35. Still attractive. Short time conservative target may touch 121 .
197. SSingh| Link| Bookmark|
February 8, 2023 8:48:15 AM
IPO Guru (1400+ Posts, 800+ Likes)
Nearly 31% of total IPO shares trades in Preopen.. Looks like some downside and consolidation from here, before it starts its onwards journey to glory! :)
Dear members - how do I place pre-open sell/buy order in ICICIDIRECT? I am not successful as it always says you cant place market order or limit orders. any suggestion would be great help.
I think People are selling chaman metallics since last 3 days to purchase Earthstahl as more or less the profile is same. Chaman down more than 10 percent in 3 days.
193. Arca| Link| Bookmark|
February 8, 2023 9:17:52 AM
(1000+ Posts, 500+ Likes)
@noorul @ lokes @ mravi and other gurus Did you guys buy? I bought 1 lot of earth & Gayathri Your silence scares me π¬.
@Arca. You don't have to worry for Gayatri, Till this time total shares traded are 920000 ( 600000+320000) plus demand of 124000 shares. This mean more than 60% shares are already traded. Tomorrow, at least you will get a chance to exit. I am not a market pundit and share market is as good as satta bazar so I may be wrong, so you decide. Disclaimer I am also holding 1 lot from IPO.
No need to scare @ Arca. I bought one lot too in preopen. Hem issue most of time perform good. Similar company like Jainam Ferroy alloys from same city Raipur came last year from Hem.. and that one also gave good returns. Valuation of Earth is even more cheap.. Good luck to you..