Query Trends: Mundra & Supreme Infra

Query : I am holding 15 shares of Mundra Port @ 440 (CMP 894) & 400 shares of Supreme Infra @194 (CMP 140). Kindly suggest what I should do with Mundra Port as I am not keen in holding at for long term. I would also appreciate if U can give U r views on Supreme Infra as I am willing to hold it 4the next 6months. Anurag Gupta

Thebullishtrends : Mundra Port closed today at Rs. 885,where as Supreme Infra closed at Rs.134 remember infrastructure companies can give return in long run only.

Supreme Infra is a Mumbai based Infrastructure company came to IPO on 21st September'2007 issued shares at Rs.108/- Company is working projects for National Highways. It is having good orders in it's hand, it bagged the prestigious Kurla-Thane railway line expansion project. Funds raised from the IPO will use for expansion plans and to meet its longterm working capital. Though it is a Infrastructure company but it forays into Real Estate markets, as it is constructing a building and hotel at Powai (Mumbai).
Hold Supreme Infra it will give you better returns within 6-9months time limit.

Mundra IPO, we advised to sell it at Rs.1110/- and incase of around Rs.900/- we suggested to keep this scrip. Volatality will be possible for this scrip in near term incase if you cannot hold this scrip, then sell it when it will be at Rs.950-1000/-

Remember Infrastructure companies cannot give you immediate results, incase you applied these kind of IPO s inview of listing gains, then you can sell it, and incase of longterm view you applied then hold it.