Hi All,
While applying for RE of PPL keep one very important aspect in mind – One can apply for more than rights entitlement.
Eg. If one has got 10 share, most of us would pay for 1 RE entitlement. However, one can make payment for 100 or even 1000 shares. Most of people don’t apply for Rights and a result promoters tend to corner lot of shares at lower price.
It’s a general question – What would be future course of share price ?
At first it would get corrected by few percentage points after issuance is now shares. What after that ??
For me Biz fundamentals of PPL are rock solid and 3 of 4 segments are Cash Generating machines.
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