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5th May 2011, 09:52 AM
Alchemist
Sachin Asher
Join Date: Sep 2006
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Sanghvi Forging and Engineering IPO
Sanghvi Forging and Engineering is one more ridiculously priced IPO.
The stock is not even worth half the IPO price.
Being a tiny IPO, it may get cornered and can go anywhere on listing day.
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23rd May 2011, 08:55 AM
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Sachin Asher
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Sanghvi Forging and Engineering lists today.
Listing price is expected to be around the IPO price. After that everything depends on operators and speculators.
NSE symbol is SANGHVIFOR.
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23rd May 2011, 10:38 AM
magnet
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Positively listed and in positive zone.
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23rd May 2011, 11:27 PM
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Cornered so much that even when sensex fell 300+ points, it managed to close more than 30% above.
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