Somi Conveyor Beltings Limited(SBCL)IPO Open

Name of the script:Somi Conveyor Beltings Limited(SBCL)
Equaity shares for cash:6227860
Premium:Rs. 25
Face value:Rs. 10
Issue price:Rs. 35
Issue opens:June24,2008
Issue closes:June27,2008
Listing on:BSE


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Anonymous said...

Dear Visitors,

This blog is really nice and informative. We are pleased to know this blog is really helping people. Its our pleasure to post

informative content on this useful blog created by webmaster.

Today that is 20-June-08 Inflation data has broken the records of past 13 years. Today declared Inflation was 11.05% which is

too high. From last one month market is in no trade zone. Everyone is feeling pain from market response.

Just watch

The Sensex has lost more than 27% since its January peak, and trading volumes are down 46%.
Investors has lost there 70% of portfolio .

But still we say there are many undervalued stocks which can be used for investment.

To name few
2. SBI

Most of the stocks are trading near to there 52 weeks lows. There are many fundamentally strong scripts too that are trading

at lower levels. One can buy and hold them.

Nifty is expected to correct bit more and after that we can say market will be bullish. As this correction was overdue reason

being if we observe in past months speculated stocks whose fundamentals are zero has also shown tremendous upward rallies in

the market and now again they are trading at there real values. But still investors are trapped in them and no one is sure

those scripts will ever reach those highs or not.

Stock market is a ocean where there are many pearls ( here scripts) so one need to select the best one. We strongly recommend

if you are not intraday trader but investor then do go through company fundamentals and then invest.

For any query feel free to contact us.


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