Shares of Moil which listed today saw an intraday high of Rs 590 and Rs 591.05 on the NSE and BSE respectively crashed below the Rs 500 mark at around 1.30 pm. The traded volume which was just about 360 lakhs after the first 75 minutes of trade has moved up to 638 lakhs at […]
Archive for the ‘IPO’ Category
Moil listing: under severe pressure
December 15th, 2010
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Moil IPO: Gains of 40%
December 15th, 2010
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Great Debut MOIL Limited listed on the BSE and NSE today. The share has given returns of over 40% in the first 75 minutes of trade today. The share listed at Rs 551 on the BSE and Rs 565 on the NSE. Within seconds the high of Rs 591.05 on the BSE and Rs […]
Punjab & Sind Bank IPO: Cheap valuations and attractive returns likely
December 12th, 2010
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Punjab & Sind Bank Limited (PSB) is tapping the capital markets with its IPO which opens on Monday and closes on Wednesday for QIB’s and Thursday for all other bidders. The price band is Rs 113-120 and the issue is for a total of 4 crore shares. This is the last of PSU banks going […]
