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#1
8th September 2005, 10:15 AM
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I want to invest on low price shares | suggest me
Hi Friends
I have just taken my ICICI Direct account and I want to invest in a small shares i.e., which are less than Rs. 20/-; could you please suggest me, since I am new to market. regards Bhaskar 
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#2
9th September 2005, 12:12 AM
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Re: I want to invest on low price shares | suggest me
Hi,
You can buy GR Cable at @ 19/-. Company having good order book & potential to rise upto 30/- in short time. Other is JK Synthetics around 12/-. Announcing restructuring in Board meeting. Also u can buy SM Dyechem around 9/-. Relaince Ind. has bought its one unit & planning to buy other unit also. It has good potential. regards vachhanipm
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#3
9th September 2005, 02:12 PM
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Re: I want to invest on low price shares | suggest me
I dont fancy any penny stocks now, if my theory of
WHEN MARKETS FALLS , PENNYS RISE, comes into effect then i will be a milionare , jokes apart, If i would have to suggest a penny stocks, theres some news and buzz going on about NATIONAL FLASK and INTEGRATED FINANCE .. may be u can look at those
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#4
9th September 2005, 02:27 PM
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Re: I want to invest on low price shares | suggest me
Quote:
If you want suggestion , its STRICTLY NO NO to any penny share right now. If you want recommendation, then brokers are recommending GV Film, Pentium Infotech.
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#5
9th September 2005, 02:47 PM
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Re: I want to invest on low price shares | suggest me
Penny stocks? Beware, says Sebi
BS Bureau in Kolkata | September 09, 2005 11:12 IST The Securities and Exchange Board of India has got evidence of a few cases of market manipulation in illiquid and penny stocks in the ongoing bull run. Pointing to the abnormal movement in illiquid stocks, Sebi Chairman M Damodaran said here on Thursday the regulator was trying to find out why a few stocks with no trading record suddenly started going up with a scorching pace. http://inhome.rediff.com/money/2005/sep/09market9.htm
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