Dtd 08-5-2017 at 1:00 PM GMP of S Chand - Rs. 31 - Rs. 36 i.e. 22*31 - 22*36 on listing day itself. Kostak: Rs. 450 Gr8 fall in GMP; go for it if extra money ... Check for more details: https://www.quora.com/How-worth-are-the-IPOs-of-S-Chand-and-Company GMP of HUDCO - Rs. 28.25 - Rs. 29.75 i.e. 250*28.25 - 250*29.75 on listing day itself. Kostak: Rs. 900-950
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Should I buy Hudco’s IPO? Yes, you should definately buy IPO of Hudco (Housing & Urban Development Corporation). Market participants are mistaking HUDCO as a housing finance company and comparing it with the likes of PNB Housing Finance etc. The fact is totally opposite as 89.88% of the loan book of HUDCO is to State governments and its agencies and 10.17% to private sector. HUDCO’s total loan portfolio is 31.28% (30.34% to state govt for social housing loans, 0.40% to individuals and 0.57% to private sector companies) and 68.72% of the total loan portfolio is advanced for Urban Infrastructure like water supply projects, Roads and Transport, Power, Sewage and Drainage etc. If we calculate PE of HUDCO- after IPO (on basis of Dmart/Shankara & Music Broadcast & its safest GMP of 27) then it will be trailing at PE of 12, which is quite cheap. I would say go for the IPO of Hudco -> apply minimum lot of 300 at upper price of Rs. 50 (there may be retail discount to)...
Can I buy Reliance Industry stock now, as of dtd 31/3/2017? If you are planning to buy Reliance Industries share; go ahead and buy them in a staggered approach + buy them on every dips. Why?? Above pic, is of my portfolio where I was buying daily one stock of Reliance Industries from March 23rd (portfolio is very small - but I believe in buying with a staggered approach and in that too I buy multiple companies. Reliance Industries is very fundamentally strong company with profitable books ( I don’t think you need someone to tell you this fact ). On top of this, before couple of months they came into market with JIO -> cornered a large pie of market share with free data and calls -> and now in Mid February Mr. Mukesh Ambani announced that they will monetize Reliance JIO with Reliance Prime fee of Rs 99, and then Monthly fee of Rs. 149/303/450 and so on…which will in turn make their books profitable aftre couple of months. It’s a dirty business world… Sec...