i invested huge amnt in bsel infra, all my money has gone into smoke. now i have to sell to get whatever ashes remaining.

no cheers
ramji
...

mamu,
you are wrong, ril is goin up now.
cheers
ramji...

whatz the reason for the fall? y investors subscribed then? whatz IOP? i am new, can u explain me. ...

Hello Ramji, dont get disheartened, BSEL is a good company doing good business in UAE. Their projects are online, it will not get affected by interest hikes, as interest rates in uae are still low, @ 6-7%. If you can hold the stock its a good at this price.once mutual fund eye this stock. its currently @ 2PE, once markets correct you find it moving. Other option is Partly sell and buy Sesagoa, a front line stock, which is due for split and bonus this month, returns what you get on sesagoa you can buy and average bsel. with increasing interest rates borrowings of infra companies will have effect on their balance sheet. But BSEL will be least affected with this, due their bulk of revenue will come from Dubai project, and in big numbers, as projects are moving upstream. My view is dont withdraw from market, this is testing time. Good luck. ...