Stock Market - Four companies' IPO open, 7 days return up to 70% GMP Trend

If you want a return of up to 70% on your investment in the Indian stock market in the next 7 days, then you will have to study the IPOs of four companies that opened today. According to the gray market, returns of 9% to 70% are expected.

Baweja Studios Limited IPO GMP Trend

The company, which makes Punjabi and Hindi web series and films such as the Bhukaal web series Shahid, has received good recognition in the gray market. The company has announced its IPO price of ₹180, but gray market experts believe that the demand for the company's shares in the stock market will be higher than the company's management's expectations. Therefore, the price of Baweja Studios Limited SHARE will increase by ₹25 on the listing day. Baweja Studios' IPO will be listed at ₹205. If this forecast turns out to be correct, then subscribers to this IPO will get a profit of around 14%.

Megatherm Induction Limited IPO GMP Trend

The demand for the company's shares has started to increase in the stock market even before its IPO is listed. The company management has demanded ₹108 for a ₹10-value share, but gray market experts say that the listing price of the company's shares in the stock market will be ₹183. That means the subscriber to the IPO will get a profit of around 70%.

Harshdeep Hortico Limited IPO GMP Trend

The IPO of the company that makes roto-molded furniture, pots and planters has opened. The management has demanded ₹45 for a ₹10-value share. Gray market experts believe that the price set by the company management is correct. The listing price of this company in the stock market will not be more than ₹45.

Mayank Cattle Food Limited IPO GMP Trend

The IPO of the company that makes nutritious food for animals has opened. As of March 31, 2020, the company's profit after tax was ₹131 crore. The company has claimed that its revenue has decreased by 4.15% in the last 1 year, but profit after tax (PAT) has increased by 64.45%. This is perhaps the reason why a premium of more than 9% has been announced for this company in the gray market. This means that the subscriber to the company's IPO can get a profit of around 9%.

Disclaimer: Please consult your financial advisor before making an investment decision and always remember that when you invest in the stock market, the entire risk is always yours.