Monday 31 December 2012

My Portfolio for 2013

Here is my portfolio for 2013 worth 10 lakhs .Reson for selecting the stock has also been provied alongside . Performance of this portfolio will be reviwed on monthly basis an will be publised in this blog. I expect around 30 to 35 % appreciation for this portfolio by the end of 2013.

              

Saturday 8 December 2012

IPO OF CREDIT ANALYSIS AND RESEARCH LTD (CARE)

                                                                This is one of the best IPO’s to hit the market in recent times .Basically they analysis the companies based on their financial strength and weakness and assign different grades .As per the information from their website they so far completed over 19069 rating assignments with an aggregate value of approx. RS 55051 bn since their inception in April 1993 . We have 2 more companies present in the share market from the rating industry and their shares are quoted @ Rs 1024 incase of CRISIL and @ Rs 1400 incase of ICRA . I expect the share value of CARE also to reach 4 figure mark on listing . Hence I request all my fellow investors to invest in this IPO.

 Issue Details are as given below

Issue opens on : - 07/12/2012
Issue closes on :- 11/12/2012
Money Payable on Application :Rs 700.00 – Rs 750.00
Minimum application : 20 shares and multiples of 20 there after