Guess rate for Reliance Power IPO
Anand (481 Points)
06 October 2007
Can any one guess what will be the price band for Reliance power IPO from Anil Ambani group.
3 Replies
CA.Saibaburao Nanduri
(Chartered Accountant)
(3847 Points)
Replied 06 October 2007
Dear Anandarao,
Guessing means :
1.A message expressing an opinion based on incomplete evidence
2.An estimate based on little or no information
Hence do not go by guessing..!
Some times it is dangerous too..!!
Ankit Dangayach
(Chartered Accountant)
(691 Points)
Replied 16 October 2007
Power stocks have good demand in the market and the merchant bankers will try to utilize this opportunity .pricing could be at 70 and above
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