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9 hrs ago
@stocky_money this hiving off of operations from patanjali to rs is what is responsible for increasing the worth of rs and forms the basis for increase in price. this will only accelerate in near fu...
  prince22
16 hrs ago
@risky13 lot of media outlets omitted the words "minimum". the market price is irrelevant now, until fpo is concluded. those in for the long haul should hold for sometime more, as share is yet to re...
  prince22
     
16 hrs ago
@harpreetpunj my stance is the same. the market price has no role to play in determining the fpo price. it will automatically adjust itself to the ipo price. it is a game of probabilities what price...
  prince22
18 hrs ago
@harpreetpunj you are still not getting the point. your rationale is fpo price will not be above the prevailing market price and i am saying that in case of rs, market price is trailing the plausibl...
  prince22
     
1 day ago
@harpreetpunj i am not concerned about fpo price. it should likely be between 1200 to 1500, if my reading is correct, as i would expect the issue size to be between 10-12%. i expect baba to sell the...
  prince22
     
2 days ago
@harpreetpunj you can take it in black and white that the issue will be oversubscribed multiple times... zee business is already promoting rs as a turnaround story.... post fpo the share will trade ...
  prince22
     
2 days ago
@harpreetpunj read pages 104-106 of draft red herring prospectus. the issue price of ₹ [] has been determined by our company in consultation with the brlms, on the basis of market demand from inve...
  prince22
3 days ago
@cdthj read the draft red herring prospectus first before commenting on my post......
  prince22
     
4 days ago
Forgot to add, there could be few m&a in pipeline with a kitty of around 1100cr. chances of dividend are slim as company is into expansion mode....
  prince22
    
4 days ago
Some 2600cr worth of debt will be settled. 600cr reserved for working capital expansion. around 1100cr, to be used for corporate actions which may include dividend, right issuance etc. interesting....
  prince22
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