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December 31, 2007

Reliance Power IPO - Rated 4 out of 5 by CRISIL

Reliance Power IPO which got cleared by SEBI is now graded by CRISIL and as got a 4 on 5 rating , Crisil grades IPOs on a scale of one to five. Grade one indicates poor fundamentals, while five-on-five is given to an issue with strong fundamentals.This will add up to already market good name reliance so one can see lot of money pouring into the IPO which is planned to hit the market in jan of 2008.

Posted by rupya at December 31, 2007 11:12 PM

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