Info Edge lists in the market at a very high premium. Today the scrip is performing at 91% premium right now and the predictions are that within a fortnight the stock might be touching levels of 750 + as the fundamentals surrounding this issue are very strong. We can expect this stock to touch levels similar to Tech Mahindra as there is a strong Clientele for the company and also that its the first of its kind in this space.
Pls refer back to my post 10 days back where in i had estimated 40% returns in the IPO. And to see that the Info edge premiered at 50% premium was close to the predictions quoted here
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