fundamentally strong compare to all power sector,its a MULTIBAGGER and above all this is reliance,however this group not participated entire rally till now... otherwise you will see the market would be near 30k
no matter what will the verdict by sc which not impact on this counter.
only sasan project itself give you very handsom result may be 350-500 also.
if reached above level,by 2011 pl give me vote of thanks
thanks
i agree that fundamentally rpower is strong compare to all power companies including NTPC, NHPC, adani, indiabulls, tata power. but 350-500 looks unrealistic. currently there is slow buying of Rpower may be the promoter dont want retail investor to stay away. certainly a good buy in the range of 135-145. remember it was 200+ when sensex first touched 17000 this year.
and rpower is earning profit without working so it is RELIANCE group only.
only question is "will rpower merge with RelInfra ?"
dear gvikaskc
it will be unrealistic as you feeling today..
but tata power shareholders could not amaze that stock price near about 1400 (only because of working).after all tata power generats only 2300 mw and rpower has capacity of 35000 mw (recently aquired 8000 mw govt.sector from Jharkhand)equivalent to ntpc a navratna PSU than why not this stock jump to atleast 350-500 for very short term and even one can hold for three year may be 10-12 times from current level.my request to all investor not trader to buy rpower at every decline ie 10% if possible and not to sell before double or even triple your money atleast
remenber ! every thing is possible in stock market when fundamentals are so strong like R
what was the case of satyam no body knows about satyam where price around 11 and now ?? within a year..
I totally agree with you. Moreover Anil Ambani had floated the IPO of Rpower with the ambition of being Richest Indian and also surpassing elder brother mukesh. So lot of priode at stake for Anil Bhai.
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