A total of 101 IPOs listed in the year of 2007. 78 IPOs gave positive returns while the balance remained below issue price. 23 IPOs offered over 100% returns and 3 stocks jumped over 500%. Orbit Corp was the best performing IPO in 2007 whereas Broadcast Initiatives was worst performing.
Mehraboon Irani, Centrum Broking feels that one can exit Abhishek Industries at higher level. They are setting up a plant for high end paper in which it will add around Rs 300 crore of the revenue. A sharp 25-30% run-up in the stock price from Rs 25 to Rs 34-35 levels could be possibly use as an opportunity to exit.
Yatra Capital Limited, the first Euronext quoted company with a focus to invest in Indian real estate, announce its seventh investment, following a commitment of 4.88 mn in equity for 20% holding in the joint venture, Alliance Hospitality Services Private Ltd, to develop premium star category hotel and serviced apartments in Pune, Maharashtra.
;The unique proposition of this collection are the Tunics and Long Tops accessorized with belts and neck scarves, blended apparels - cotton sweaters with fleece (sweatshirt fabric), cotton jackets with checks