INDIAN ENERGY EXC LTD

IEX goes up or down! either way it is good!

223
IES! Finally IEX fixed record date for bonus share! It is offering two bonus for 1 each held !
That means, even at current price which is 816, it appears as good buy. let's say you buy 1 share, it becomes 3. So 816/3= 272. That means each share will cost you 272. That means if share correct after bonus, it should stabilize around 250 to 270.
If it goes up from 816, than better to sell at 15 to 25% profit .
Let's see how it works!

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