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Moneycontrol.com >> Message Board >> View Messages >> India Infoline
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SELL & RUN. Stock will go down to 200 Lev (1)   01-Jul-08 14:56Tracked by (0)  
Posted by:   ninkyrajiv on ( 01-Jul-08 14:56 )
Price : BSE: Rs 516.00 ( 2.79 % ), NSE: Rs. 514.15 ( 2.02 % )
Stock will settle down to 200 levels in August when High court cases get decided against it - almost 1200 Crores is what is heard during Feb carnage when they took margin money and positions got squared.

In addition Brokerage income expected to go down by 85%. Also ML JV for consumer Biz has been scrapped.

Sell and exit. promoters trying to trap small Investors and will exist soon themselves.

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