Tuesday, August 30, 2011

SKS MICRO AT RS 198, YEARLY LOW. BUY 1 GET 4 FREE.

From Rs 1485 to Rs 198 in 12 months. That is the story of SKS Micro. The IPO was sold at Rs 985, luring the investors that this company as the next Infosys. Ironically, Catamaran, the venture capital out fit of Narayana Murthy of Infosys has invested in this company. That gave further credence to the IPO. For the IPO price, now one will get 5 shares.

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