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“In India, companies may fall sick, but promoters rarely do!”

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September 9, 2009

9 9 9 …. An auspicious day coming to an end…Also now ‘Navkar Mantra’ Day

It’s September 9,2009..9 9 9…an auspicious day is now easing out to the next….From 9.09.09 morning the Jains have been chanting in unison the powerful  ‘Navkar Mantra’…I did too….felt good and warm…so from now every year September 9 will also celebrate ‘Navkar Mantra’ Namo Arihantanam I bow down to the Arihants who have reached enlightenment by overcoming …

9 9 9 …. An auspicious day coming to an end…Also now ‘Navkar Mantra’ Day Read More »

IPO OF OIL INDIA LTD (OIL)…Upper band Price of Rs 1050 appears fair but there’s not much listing Upsteam for this Upstream Oil PSU

This is a  Scan of the OIL IPO I like OIL…Rs 1050 (FV Rs 10) Upper band Price appears fair…but I would await Listing before consdering any meaningful exposure In it’s continuing disinvestment exercise now the Government wants us to explore OIL with it…but at an upper band IPO price of Rs 1050…OIL will raise Rs 2777 crs at this price …

IPO OF OIL INDIA LTD (OIL)…Upper band Price of Rs 1050 appears fair but there’s not much listing Upsteam for this Upstream Oil PSU Read More »

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