The entire FPO proceeds will be usurped by the govt with the company getting nothing. As the govt says, NTPC has enough cash and doesn`t need more. Price will likely go down after FPO, so wait till Jan, se the trend and then decide to hold on or dump.
The entire FPO proceeds will be usurped by the govt with the company getting nothing. As the govt says, NTPC has enough cash and doesn`t need more. Price will likely go down after FPO, so wait till Jan, se the trend and then decide to hold on or dump.