A strange thing that is difficult to understand... I deal with 2 broker firms and I consulted them on all below shares @ IPO... This is the answers I got...
FLCH - "It will go to at least 6.50 to 7.00 rupees - Don't sell.."
BIL - "Good share to buy from an IPO... You will get at least Rs. 1 gain"
TJL - "A very good share... Should reach 18.00 rupees... It's Brandix's 1st IPO.... - Buy from the IPO"
CIFL - "Don't buy this... It is going to be a disaster"
I don't have to tell you what happened to all 4 shares above... I followed their advice and it has all gone wrong...
Tell me - Are brokers taking me for a ride...?
FLCH - TJL and BIL - Will it have a future...?
My advice is don`t believe what the brokers say. They are humen!!!! Use your brain, study,do the home work before buying any stock. Punters may win in short term but will get a slap at any time.Still there are good stocks that are under valued.buy those without going behind punters.