Jyothy Labs likely to lists around Rs 1000

posted by   sheshadri (113)   11 months ago (ipo-news-india.blogspot.com)

After an excellent response to the public issue, Jyothy Laboratories will list on the bourses on December 19, 2007. The offer price has been fixed at Rs 690 per share.R S Iyer of K R Choksey Securities told Moneycontrol.com, "Jyothy Labs is expected to list around Rs 1000. One, who has a capacity to hold stock till Rs 1200, can hold. Above Rs 1200, one should book profits."The company had entered