News from the Field:
Torrent Power has successfully commissioned 1147.5MW gas based ccpp. With all three units running on base load and carbon credit, SUGEN will be one of the richest power plant in india.
You have acquired the shares at high end. Power sector has good prospects. It may cross your cost price shortly. How far it goes above 255....?? Presently the scrip trading at 25 P/E, whereas the industry P/E is at 25.30.
In my view you have to start booking profit partially on each levels above your cost instead for waiting for one more year. Use any opportunity to safeguard your investment.