12 December 2010

Can I buy the NHPC at current price? Business Line

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


Can I buy the NHPC at current price for medium-term? Sriram

NHPC (Rs 27.3): This stock does not have sufficient history to enable us to give an opinion on its prospects. The stock recorded a low of Rs 27.6 in May this year. Since the stock has not moved below this support strongly in the recent bout of correction, investors with a greater penchant for risk can accumulate the stock in the band between Rs 26.5 and Rs 28.5 with stop at Rs 26. Medium-term targets for the stock are Rs 31.5 and Rs 34.5.

—Lokeshwarri S K; business line

No comments:

Post a Comment