THE FOLLOWING MAKES A GREAT CASE STUDY TO PROVE MY POINT OF HOW GOOD AN INVESTMENT SHARES CAN BE
1.DLF IPO OPENED ON 11TH OF JUNE 2007 AND CLOSED ON 14TH JUNE.
2.THE PRICE BAND WAS Rs 500/- TO Rs 550/- PER SHARE.
3.THE SHARES WERE ALLOTED FINALLY AT Rs 525/- EACH.
4.SO 20 SHARES WOULD HAVE COST YOU Rs 10,500/-
5.THE ISSUE GOT LISTED ON THE BSE AND NSE ON 5TH OF JULY
6.AFTER SOME INITIAL VOLATILITY IT IS RISING BY THE DAY.
7.ITS PRICE ON 18TH OF JULY WAS Rs 645/- PER SHARE.
8.SO AVERAGE PROFIT PER SHARE HAS BEEN Rs 645 - 525 = Rs 120/-
9. THEREFORE YOUR TOTAL PROFIT WOULD BE 120 * 20 = Rs. 2400/-
10.SO JUST AN INVESTMENT FOR 40-45 DAYS HAS EARNED YOU ALMOST
20 -22% PROFIT.
NOTHING DRIVES THE POINT BETTER THAN THIS.
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