#AETHER 1260
First signal came at 940 reversal breakout.
Now the real move ATH breakout above 1210
This is how structure builds:
• Base formation
• Reversal breakout
• Consolidation
• Now All Time High breakout
Strong follow-through suggests demand is clearly visible.
Also interesting Chemical space is showing momentum In strong stocks, breakouts don’t fail easily they expand.
#MasterInOne
GSP Crop Sciences IPO Closing Today
GSP is a agrochemical company engaged in the business of manufacturing insecticides, herbicides, fungicides and plant growth regulators
It's Decent Company, Not Evaluating for Listing Gains, Can be looked for Short-Medium Term
Coming at 8-10 PE FY26, not sure about the sudden expansion in Margins with no considerable topline growth
If those margins are there to sustain, it can be a good bet for Medium Term investors
Negatives Include Sector Sluggishness, Geopolitical concerns, sudden jump in Margins, Weak Anchor Book, Poor sentiment, Poor topline growth, no clarity on the growth triggers, Etc.
The SEBI Approval for the company was supposed to expire in the last week of March, the Company waited for 11.5 months to float its IPO, Later decided to float in a weak market with pretty lower valuations, not sure about the demand scenario in the longer term
Couldn't write a detailed analysis due to time constraints
Just A Personal View, Only For Educational Purposes
@ipo_agarwal The Retail Size of the Buyback Would Be 45L Shares?
The Retail Shareholding Is Crossing 15% of the Total Shares Held.
Therefore The Calculation Of Getting Entitlement would be different.
As it was in Nureca Ltd Buyback?