Will it give good profits in the next 2-3 years? Is it wise to invest a lot of money in this IPO?
2007-01-31 01:28:52 · 6 answers · asked by Kavs 1 in Business & Finance ➔ Investing
On fundamental grounds the scrip looks extremely promising at the proposed price band.
The promoters are high profile i.e. ICICI Bank. They have turned professionals long back and have been active in "technology" in banking and financial area.
Looking at the "technology" and related IT fields and its growth, over a period of 2-3 years, this scrip should return above average returns to the investor in IPO stage.
Best of luck for getting the allotment in IPO stage.
2007-01-31 20:09:39 · answer #1 · answered by Nitin G 7 · 0⤊ 0⤋
Yes it appears good and hasbeen ranked best among all IPOs coming up to first week of Feb07 as linked with ICICI Bank appears more promising
2007-01-31 01:47:08 · answer #2 · answered by drnakipuria 1 · 0⤊ 0⤋
The Hindu Business Line recommends it for investors with a penchant for high risk (http://www.thehindubusinessline.com/iw/2007/01/28/stories/2007012800741000.htm).
Moneycontrol.com also has similar advice:
http://www.moneycontrol.com/india/news/ipoissuesopen/firstsourcesolutionsinitialpublicoffering/subscribetofirstsourcehighriskappetitenetworth/market/stocks/article/264400
http://news.moneycontrol.com/india/news/ipotip/firstsourcesolutionsinitialpublicoffering/expertssayapplyforfirstsourceipo/market/stocks/article/264129
2007-01-31 06:53:24 · answer #3 · answered by ashony 2 · 0⤊ 0⤋
no to lot of money
read recc in sunday bi.line /dalalstreet
tread in index commodity future
details on my blog
2007-01-31 04:11:00 · answer #4 · answered by dinu_pawar 5 · 0⤊ 0⤋
Yes
Please go ahead
2007-01-31 02:37:27 · answer #5 · answered by Anonymous · 0⤊ 0⤋
YES
2007-01-31 01:46:00 · answer #6 · answered by AVANISH JI 5 · 0⤊ 0⤋