when you have invested in NTPC then why bother about targets... pl`s keep in mind this is among very few stock which has not broken down in the gr8 market crash... in next power sector boom along with bull market... it will find it`s true valuations...
i know sire it is a top class company
and i will be invested
but recently price has
gone down and other power projects are
getting cancelled
so in that context
my query remains for boarders
to please answer
thanks rgds
gautam
If market remain stable, it can go upto Rs. 250. Good support at Rs. 160 levels. If you are for long term and looking for one of the safest stocks, NTPC is good. But the returns will not be that much attractive.
Why do you people are so much crazy about target of such a company declared "MAHARATNA" by the Govt. of India? If you don`t have patience to hold it for five years, please exit it now itself.
It is not going to give you real return below five years. But I Mr. POORFELLOW (nick-name), as a very high level Officer of the Govt. of India, Ministry of Power, assure you that after five years your money will be multiplied 30 times. Take my words guaranteed.
dear poorfelow, Thanks for giving such an assurance. I have been closely watching NTPC for more than three years and holding this stock with patience and I may keep it for next 5 or 10 years like a fixed deposit. But when someone asks a question, they we have to reply accrodingly, because most of them are looking at the price movement on a day to day basis. So far my self assessment is
Because it has a lot of projects under construction or planning stages it is very difficult to forecast anything for one year. This company has very high intrinsic value, which will automatically come out in next three years and then it will attract investment by many FIIs & DIIs. If we Compare it to any other power companies like Tata Power, Torrent Power, Rel Power, we will commit a great mistake. It is because it has to commission 24000 MW in next 5 years and a total of 40000 MW in next 10 years. As a conservative estimate if we take 30% of the said capacity is commissioned, think about the price after 5 years.
Rel power is committing 12000 MW only but attracting a price of 175/-, without having any output at hand. So, just imagine the intrinsic value and price of NTPC. At present nothing can be done except accumulating by closing your eyes and holding until the deserved price is obtained.
Dear poor fellow, Thanks for your views. I have no doubt it is a fanatastic stock and your detailed explanation is giving a lot more confidence. I never thought of adding more, but now I will.
Do it slowly and silently when the whole market and the stock goes down. Buy it with your spare money, 10% of your targetted quantity at a time. Do not be hurry, take a perspective of five to ten years. You will definitely get your goal.
I have seen JSW steel (BSE CODE 500228) as Jindal Vijayanagar Steel (JVSL) hovering at Rs.2.50 per share in 2002. I purchased 8000 shares at that price costing a total of Rs.20,000/- plus broker`s commission. That share became 320 shares of JSW now. What price I would have got if I would have sold it in Jan/2007? It would have been not less than Rs.3.20 Lakhs. At the present market also I shall get a minimum of Rs.1.60 Lakhs, means 8 times of my investment. This is called investment. Be hopeful of NTPC. CHEERS.
It is one of the best managed PSUs.
Even in past few years when MBA`s used to rush to join investment banking firms, NTPC had no problem in recruiting the best & the brightest. And now it is flooded with applications from MBA gradutes from the best instituitions.
Those looking to park some retirement funds should put at least 20% of their corpus in NTPC.