1. This week two IPO are hitting the market and both are average in rating and one will be better off investing the proceeds in some other quality listed stock available at cheap valuations.
2. Niraj Cement is opening with a price band of Rs 175-190 wef 26-05-2008 to 30-05-2008.
3. Bafna Pharma is opening with a price band of Rs 40 wef 27-05-2008 to 30-05-2008.
4. Do remember to check out the latest tips for Reliance, Infosys, Tata Steel and SBI here.
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Indian IPO update
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