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Thursday, December 19, 2013

Profit Booked in PGCIL

 Power grid Corporation (PGCIL) FPO shares got listed today.I had applied for this issue with a goal of cornering the listing gains and the same was decided while reviewing the PGCIL FPO.
For an application of 2100 shares, 966 shares were allotted @ Rs. 85.5.
Sold the shares @ Rs. 96.77 (after B&T) securing an STCG of Rs. 10,891.Such trading gain adds to my seed capital for future investments.

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