Ex-bonus price will be around 1400 to 1500 for the first month and with improvement of sensex it will run again on average of 1800, till annual results are announced.
However considering the PE ratio, market is still shy about this script and price is not going up as on this date. In long run it is good script and few recommendations are saying it will reach to Rs.4044 in long run. See the 2006 Bonus issue how market has responded positively. But Current situation is entirely different and other Bonus issue clearly showing that it willimmediately get discounted in mathemetic proportion or little higher %.
There is fear of down trend in market and few members on this board also shared the view to buy this script at post bonus Price ,which is going to lead for a long term.
Happy Investing,
Hira07 ...

Dear Voraji,
You must continue your SIP.It is bad time, where every one has lost. Let me tell you that person who is in the market since last 1 to 2 years has lost more than 30 to 60% value in there portfolios. You are lucky that Your investment in SIP has remain intact if not grown. Market has to come back and It is going to pay back for our investments much better than we all are evaluating at present rate.
Happy Investing and Continue SIP.
best regards,
Hira07 ...

it is sure that it is not going to touch to Rs1700 in near future of another one to two years. MArket in which they are operating is just iopen and they are going to face the competition to sale and struggle to retain there gross margin. Name and company is the good one but industry has little to charm to raise the share value.
This is the time for small investors to off load these kind of stock at every good opportunity.
HAppy investing
hira07...

Hi Mr Hira, thanks for writing in. Yes you are right but at times it is difficult to ignore the fact that Funds like Reliance vision and Franklin Bluechip loose steam alltogether and there are much better schemes out there to grab for. What i thought was to average these down and so will continue these sips till nov this year. But then i either will reduce the sips in them by half or stop them alltogether and might invest in either Birla Frontline Equity (largecap fund) or HDFC top 200. I agree with some ppla when hey say that when this markets move back up the first things to push up will be bluechips, I see this spikes in the bluechip and the vision fund and so want to keep a largecap bias for atleast 2 more years. What's ur opinion?? best regards, Ankit...

hiro 07,this is the time for small investors to buy timex inds,tata tele,,,,Tatas have started promoting this stocks, some big good news is onthe way,,,goodluck,,PHK,, ...