New Baby in the world of Steel
The company is in the process of setting up 2.2 MTPA Steel plant in the state of Jharkhand. It does not have any operating history. It will take a couple of years for the operating performance of the company to unfold and hence I would prefer to avoid the IPO. Only those investor who would like to take a long term view may think of applying at the lower band of the offer price.
Registrar : Karvy Computershare
Issue Closes : 24-Sep-2010
8 comments:
Hi Rajesh,
Is it better to invest in Elctrosteel casting, the promoter company ?
tks,
Manish
Hi Rajesh,
Any stock ideas for 1 yr which can yield 20% return
hey , nice blog , like it ,
won't be nice if i u can clickover to my blog page too ,
& post some suggestion
Reg. Manish
Not sure, had not reviewed the company in detail.
Reg. Anonymous
From One year persepective you can look at few of my old recommendations like Skumars, Gitanjali,South Indian Bank. If you prefer to play with more matured names then I would suggest Crompton, Havells, HDFC, Colgate to name few.
Some of the chinese food stocks look like excellent values at current levels.
Interesting steel stock.
nice blog.thanks for sharing
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