TD Power IPO aggressively priced: VS Fernando
Having tapped the market during the 1995 unprecedented primary market boom at 100% premium, Chartered Capital threw its dividend promises of 20% in very first year and 60% in fourth year into the wind. BSE records show that the company has not paid any dividend for the past thirteen years!
August 24, 2011 / 10:44 IST
By VS Fernando, IPO Analyst
TD Power is aggressively priced when the market is in the dumps. Will the pricing safeguard investors
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