Yesterday evening Adani Power announced a price band of Rs 90 – 100 for its forthcoming issue.
It appears that when the announcement could have been done on Friday, the only reason for not doing it prior to the road show was to avoid questions on valuation.
excellant Arun . keep it up. all the best
Dear Arun,As usual you are very thorough.You have gone through all the deatils of the issue before giving your most accurate analyisis for an Investor.Keep it up and all the best.I could not open this sight earlier.Wishing You All The Best.Keep investigating/analying for the benefit of Investors.