The half yearly results are very good.
Income up to Rs 2651 crs as against Rs 2271 crs in Sept 08 half year.
Net Profit this half up to Rs 303 crs as against Rs 161 crs in Sept half in 2008-09.
The Sept quarter has been very strong with Net Profit of Rs 209 crs as against Rs 94 crs in June 2009 quarter.
The EPS is up to 4.43 as against 3.42 last half year.
Surely a powerful performance.
Apart from the results there is a technical uptrend that is confirmed as per yestrday`s close so regardless of the other indicators, you should buy for somewhere around 20% upside from here.
The share already touched a high of Rs 345 today. It is one of the best priced share in the power portfolio and one should hold for even better returns.