The operator of top Indian airline IndiGo is looking to raise up to $510 million in its initial public offering (IPO), according to sources, betting on an improved financial outlook helped by lower oil prices and surging passenger growth.
That figure is higher than previously expected; bankers said in the summer that the company was expected to raise up to $400 million, but its valuations have since been bolstered after it reported a big rise in annual profits.
Quite a bad response for the IPO but went through only due to the Qualified Institutional buyers. I too didn't invest! However, I do feel CCD will do extremely well as it is the largest chain of restaurants in India with margins on the higher end. But I wasn't quite sure if the IPO was the right time to get into this. Maybe I will get a better opportunity later or maybe I will just keep waiting 
Yes it looks cheap compared to other textile stock even if we ignore the future growth potential.
I like the company, the recent almost cashless acquisition will give immediate boost to EPS. 25-50% upside in short-term. Long term also should be good although the young chap running the company needs to prove the Birla brand name
Hitesh.
Reading the news now a days I find that the lobby against India Pharma Companies is growing stronger and stronger and looks like all white (racist - yeh I am) nations are up arms against our Pharma Industry.
Deep Inside I am not very comfortable holding Pharma heavy folio.
US going to elections and a new unclesam or auntysam, I wonder what all protective measures will US get into and where would it lead and what it means to Indian Pharma Industry
Keeping Fingers Crossed.
Hi...
My first post here.
Someone who can understand the basic fundamentals can throw some light on this company.
I am from rubber raw material business.And this company is heavily launching products and feedback for its product in our line especially targeting Pidilite adhesive line.
They are daily tracking and taking response and also coming with attractive offers both dealer and retailer side.
Though because of overall slowdown in our line and diwali clearing of accounts by all they not getting much better response but still i am really attract by their sheer handwork in this field.
The stock has surged 4 times from my purchase price and I have recovered my cost.
The stocks I have in my portfolio is pure profit now.
However, imp point is that such stocks do not matter much because of being low conviction stocks where we do not invest significant amount.
ys reddy, I dont track heritage foods and no idea about its business.
thanks. just looked at the document loaded in kitex thread.
Looking at the article it seems pharma stocks may not be impacted much.
But one has to be watchful for any antics from US govt which could affect Indian pharma exports.