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1. Sandeep   I Like It. |Report Abuse|  Link|November 24, 2012 10:00:09 PMReply
@rakesh agarwal

1. I don''t see any reason it will fall below 155. It may go down for few minutes but will not stay there. Nothing has changed about the company except 4-5% more share in market. 50% discount is too much for this dilution. Don''t you think so?

2. Even if lower circuit hits till 28th and share keeps going down till Rs 109, you may not be able to sell it as there may not be any buyers in the market. But I am pretty much sure that this situation will not come as we will see a good amount of buying just below 155.

3. If people looses money in this OFS, they will not apply in any future OFS''s and govt plans to raise Rs 25K Crore will get a major setback. I am sure that govt is not in position to do that. They will try their best to keep the investor make some money and feel good so that they can sell the future OFS''s.

Best wishes for all who got the shares.