Table of Contents
Is it good to buy Sona Comstar IPO?
Sona Comstar share price hit 20 per cent upper circuit after the lackluster listing at near 3.9 per cent premium. Though the valuation at around 74x P/E appears fully priced in, given its thrust in fast evolving EV space both in India and globally, market would like to give premium to such emerging growth story.”
Is Sona BLW IPO worth buying?
ICICIdirect said Sona BWL offers an exciting play on electrification and possesses healthy financial strength (nearly 28 per cent margin and 20 per cent RoCE), but the proposed valuations are rich. “Nevertheless, the company offers a good investment case on the back of strong growth prospects.
Is Buying pre-IPO a good idea?
Investing in pre-IPO stock can be a strategic way to build wealth in the long term. If you manage to invest in the right company at the right time, you can get tremendous returns on your investment. There are risks in pre-IPO investing – as is the case with any other investment – but the upsides can be tremendous.
Should we buy IPO or not?
You shouldn’t invest in an IPO just because the company is garnering positive attention. Extreme valuations may imply that the risk and reward of the investment is not favorable at the current price levels. Investors should keep in mind a company issuing an IPO lacks a proven track record of operating publicly.
Should I buy Sona stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Sona Nanotech Inc. stock to perform well in the short-term.
Should you subscribe to Sona Comstar?
“Despite its rich valuations, considering its visibility of topline growth, competitive edge, superior profitability as compared to peers, prudent cost management, return ratios, wide clientele spread across the globe, sound R&D base and technological progress, we recommend investors to subscribe to this IPO of Sona …
How is Sona Comstar IPO?
Sona BLW Precision Forgings (Sona Comstar) shares surged as much as 24\% over the IPO price after an hour of trade on listing day. The share price of Sona Comstar opened for trading at Rs 302 apiece, up 3.92\% or Rs 11.4 premium over the IPO price of Rs 291 per share.
Is Sona nanotech a good stock to buy?
If you are looking for stocks with good return, Sona Nanotech Inc stock can be a bad, high-risk 1-year investment option. Sona Nanotech Inc real time quote is equal to 0.338 USD at 2021-12-11, but your current investment may be devalued in the future.
What is Sona Comstar’s IPO?
Sona Comstar is coming up with a ₹5,550 crore initial public offering (IPO), as India’s leading automotive technology company aims to repay its debt. The two days stake sale will be open from Monday, 14-16 th June 2021 with a price band of ₹285-291.
One can buy Sona Comstar shares after some dip as profit-booking is widely expected in the counter, say experts. (Mint) 1 min read . Updated: 24 Jun 2021, 02:36 PM IST Asit Manohar Sona Comstar share price hit 20 per cent upper circuit after the lackluster listing at near 3.9 per cent premium.
When Sona BLW IPO will open for subscription?
Automotive technology leader Sona BLW IPO, aka Sona Comstar IPO would open for subscription on 14th June 2021. Company generated stable revenue growth in the last 3 years and 9 months.
Will Sona Comstar be India’s largest auto component maker?
If successful, the Sona Comstar IPO will be the largest IPO by an auto component maker in India’s corporate history.