Ispat Industries

More pain in ISPAT

Posted by : Robinhood7645
Price when posted : BSE: Rs 16.00 ( -11.11 % ), NSE: Rs. 15.95 ( -11.39 % )

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Folks, it seems the market still hasn`t bottomed out. The more I read the more I am convinced that it will come down to 10600 levels by November(maybe earlier, at this rate). The credit crunch will show its true colours 2 to 3 quarters from now. And that`s when the real slowdown will kick in. This means demand for iron / steel is bound to fall further. Arcelor has already cut down production. Prices for steel are falling globally. And hence I think there are gloomy days ahead for all metal counters. ISPAT will fall further. For those who haven`t bought, pickup below 13. I hold 9500 @ 21.3. So I going to forget about this investment for the next 12 - 24 months. Happy trading and you, stay green....

Will you buy metal stocks in the current weakness?

Posted by : devender.rv

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In two days expect a bounce in this stk from its current level of 16. Two day target 17.5...

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Will you buy metal stocks in the current weakness?

Posted by : Guest

Hi,
I have 48,000 shares of ispat industries @ 19.4/-. Any body suggest me wheater to hold or exit. What will be future of this in another 2 to 3 days.

Will you buy metal stocks in the current weakness?

Posted by : Guest

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Hi,
I have 48,000 shares of ispat industries @ 19.4/-. Any body suggest me wheater to hold or exit. What will be future of this in another 2 to 3 days....

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Will you buy metal stocks in the current weakness?

Posted by : shashimintu

I have 500 shares of Ispat Industries at Rs 67.What to do now at Rs 18?

Will you buy metal stocks in the current weakness?

Posted by : rangaravikumar2

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what u did at the time of 30 and 40 do the same... every dog has his day dude.... nothing we can do.. just wait...
i am carrying 2k shares at the avg rate of 49.... see how my time is going... just wait.... ...

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Will you buy metal stocks in the current weakness?

Posted by : shashimintu

I have 500 shares of Ispat Industries at Rs 67.What to do now at Rs 18?

Will you buy metal stocks in the current weakness?

Posted by : shashimintu

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I have 500 shares of Ispat Industries at Rs 67.What to do now at Rs 18?...

buy ispat

Posted by : shubhrasankar
Price when posted : BSE: Rs 18.00 ( -4.51 % ), NSE: Rs. 18.00 ( -4.51 % )

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I wonder why you r informing us about your share price and number. Very soon our jealous eyes will make your fortune tumbled. My findings are that here we r all traders and always sell shares with 3-30 percent profit. You too will sell your share at 28 and next time you will be caught at higher levels like me at Rs. 34 per share. Still averaging from 50 levels but cannot exit....

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buy ispat

Posted by : God Fearing

Hi i have 12000 @ 24

buy ispat

Posted by : God Fearing
Price when posted : BSE: Rs 18.00 ( -4.51 % ), NSE: Rs. 18.00 ( -4.51 % )

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Hi i have 12000 @ 24...

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buy ispat

Posted by : Guest

No body can decide,which stock will shoot or fall in such a bad enviorment(Other then operators).Fundamentals can\\`t come trueeven for big fishes then wo cares for ispatBur this is festval month.Steel always does gud in these seasons.So i think it will do gud in cming weeks.its just opinion.Wishing gud luck to investors

buy ispat

Posted by : Guest
Price when posted : BSE: Rs 18.10 ( -3.98 % ), NSE: Rs. 18.15 ( -3.71 % )

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Hi, When will Ispat cross 29.50 Rs. I have 6000 shares....

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buy ispat

Posted by : Guest

No body can decide,which stock will shoot or fall in such a bad enviorment(Other then operators).Fundamentals can\\`t come trueeven for big fishes then wo cares for ispatBur this is festval month.Steel always does gud in these seasons.So i think it will do gud in cming weeks.its just opinion.Wishing gud luck to investors

buy ispat

Posted by : Guest
Price when posted : BSE: Rs 18.30 ( -2.92 % ), NSE: Rs. 18.20 ( -3.45 % )

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No body can decide,which stock will shoot or fall in such a bad enviorment(Other then operators).Fundamentals can\\`t come trueeven for big fishes then wo cares for ispatBur this is festval month.Steel always does gud in these seasons.So i think it will do gud in cming weeks.its just opinion.Wishing gud luck to investors...

Is it a good time to buy?/

Posted by : vkk43
Price when posted : BSE: Rs 18.30 ( -2.92 % ), NSE: Rs. 18.35 ( -2.65 % )

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I agree with your views. ...

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Is it a good time to buy?/

Posted by : Nodick

But Mr Market does not behave in the direction what you feel. Steel prices are going down and will down further due to global recession and ispat will post more losses again.So now decide what to do

Is it a good time to buy?/

Posted by : Nodick
Price when posted : BSE: Rs 18.30 ( -2.92 % ), NSE: Rs. 18.35 ( -2.65 % )

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But Mr Market does not behave in the direction what you feel. Steel prices are going down and will down further due to global recession and ispat will post more losses again.So now decide what to do...

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Is it a good time to buy?/

Posted by : reginmoses

hi.
I feel this is the best time 4 it

Is it a good time to buy?/

Posted by : reginmoses
Price when posted : BSE: Rs 18.85 ( -0.53 % ), NSE: Rs. 18.85 ( -0.53 % )

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hi.
I feel this is the best time 4 it...

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Is it a good time to buy?/

Posted by : bullishcow

Hi

PLease let me know if it is a good idea to enter Ispat Industries now or should I wait ?

Is it a good time to buy?/

Posted by : bullishcow
Price when posted : BSE: Rs 18.95 ( 0.26 % ), NSE: Rs. 18.95 ( 0.26 % )

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Hi

PLease let me know if it is a good idea to enter Ispat Industries now or should I wait ?

...

Buying Ispat Industires shares

Posted by : investor11
Price when posted : BSE: Rs 18.95 ( 0.26 % ), NSE: Rs. 18.95 ( 0.26 % )

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Addressed to  anandmalgatti

Aban,L&T,RPL,RIL,SBI,RCOM,Alstom,SBI,BHEL and many more...

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Buying Ispat Industires shares

Posted by : anandmalgatti

which r other dirty cheap fundamentally strong pl give names

Buying Ispat Industires shares

Posted by : shubhrasankar
Price when posted : BSE: Rs 18.00 ( -4.76 % ), NSE: Rs. 18.00 ( -4.76 % )

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Hi investors,
Evryone here is forgetting one thing that
1) There is no bankcrupcy filed in Indian Companies like Lehman Brothers.
2)Ispat is currently running in profit and it will increase day by day. Rs 37 Crore profit may become 137 within a year.
3) Withdrawl of FII money in stock markets doesnot change the fortune of a company.
4) Same FII will flock for Indian shares within a year.
5) Which one will better
a) You buy shares after FII bought them
OR
b) vise-versa...

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Buying Ispat Industires shares

Posted by : Guest

You are right. Only extremely foolish & extremely bullish persons will buy & hold Ispat, because fundamentally weak & debtridden Ispat rose only due to operators\\` manipulations .As the magic is evaporating rapidly now so Ispat willnot take much time to nosedive .I think It will touch Rs.8/- in December. Thanks