Wednesday, January 6, 2010

DB Corp IPO Minting Money as Suggested

DB Corp - one of the leading Daily share price got listed at Rs 250. It has touched an intraday high of Rs 274.60 and low of Rs 235.50.
Finally it closed at Rs 265.90 which is almost 25% gain on the day 1. It's truly star listing.

I'm really happy for the followers of this blog who subscribed for the IPO after my detailed analysis about the DB Corp IPO.

You can find the previous post on DB Corp IPO here which tells you about future prospects for the company as well.

 As I mentioned in that post DB Corp had left some money for the investor. It was cheap compared to it's peers, reasonably well growth story and due to that it attracted lot of appetite in the market on day 1.

I recommended subscribe with price target with 15% upside on the listing day. DB Corp has already achieved it and in fact followers of this blog are sitting on almost 25% profit on day1.

Happy Investing!!

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