Hi
I have taken 60 shares of ranbaxy at 526, will this stock moveup or should i hold it long time to get proper returns.
Please advice me.

Thanks
Naresh...

What are the operational steps to tender shares for the open offer?...

dear naresh, You have got two options either tender shares to Daiichi in the open offer at 737 which will be open from August 16 to september 4 or sell in the market price. There is no point point in holding the stock at current price as stock will tumble at least by 100 rupees in september after open offer completes. You can buy back those shares in september at much lower price which is sure and there is no confusion about it....