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Disclaimer The investments discussed in this blog may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advisors as they believe necessary. Users are advised to peruse the articles and other data in the blog only for their information. This blog does not have any affiliation, expressed or implied with the organisation where the author is working.
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Wednesday, December 20, 2006Shobha will Rock, Ruchira may DisappointTwo IPO's are listing today on NSE and BSE. Lets see the possible listing and strategy. Shobha developers is expected to follow suit of its brother Prasvanath and the stock may list in the range of 1000-1050. Investors are advised to book profits if the listing happens above these levels. Ruchira papers is also listing today. However this IPO may not delight the investors and is expected to list near its issue price of Rs. 23. A listing above Rs. 25 should be considered as a window for booking gains. Labels: IPO Updates
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