You are Here : Moneycontrol Forum Forum Topics Stocks

Idea Cellular

Bronze Member

455 Messages

Finally the CAT is coming out of the bag. Promoters have assured government that they will infuse amount into the company. Reports speculating that it will be around Rs 10k crore. Now people can clearly understand why this share was kept in single digit for almost more than 2 years and still not allowed to go its actual value. Promoters want to infuse money and collect shares at dirty cheap price. This what I was writing here in the last two years that this share will start moving after KMBs fund infusion and nothing much will happen in the share price till that happen. Dont try to defend Promoters saying that share was available even at 3 to 4 rs and if they wanted to buy they might have collected vary easily. If you think in that way then you dont have ability to analyse how the share price will move when certain number of equity is removed from market by promoters. They cant even collect 100 crore shares in single digit. Because the share price will start moving more than 20 to 25 rs if they do. Then imagine how come they can collect 350 to 500 crore shares which they will now infuse through preferential allotment easily with 10 to 11 rs range if they go as per sebi guidelines of preferential allotment. Anyway if that happens soon then it will be too good for shareholders. Because VI will move towards its actual value after that. Will write separate post about the possible options for KMB to equalize shareholding with PLC. Good Times already started. Hold your shares with patience.This will reward you big in couple of years. Telecom sector will be treated similar to IT sector in market after few years. Patience is key here to ripe the fruits.

11.34 AM Sep 28th
We take the quality of the messages posted on forum as seriously as our articles. Kindly follow our Code of Conduct and refrain from posting any abusive, promotional or gibberish content on forum.
Disclaimer : The views expressed in the forum are the views of the user writing the post, and not that of You agree, by accessing this forum, that bears no liability for any posts on this forum or, any losses suffered by following any advice posted on this forum. operates this real time, open, unmoderated, private forum for users to exchange information and to discuss various investing techniques. or, its personnel do not post anything, or vet the content posted, on this forum. reserves the right to deny service to anyone. You, and not, assume the entire cost and risk of any trading you choose to undertake. You are solely responsible for making your own investment decisions. If you choose to engage in such transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences flowing therefrom are your sole responsibility.


Get your own permanent - nickname

Choose your nickname

Your permanent Nickname can be distinct from your username and no one need know the link between the two.