Power Grid : Diversifying

Discuss Power Grid : Diversifying at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by njoy_deep Dear Friends ! I just read the same on rediff. Will it ...


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  #1  
Old 8th January 2008, 02:55 PM
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Default Re: Power Grid : Diversifying



Quote:
Originally Posted by njoy_deep View Post
Dear Friends ! I just read the same on rediff. Will it IMPACT on stock price ? Why this stock is still in Red (on 8th Jan).


Power Grid has capex of Rs 5500 crore and plans to diversify into the telecom sector, entertainment and tower business, says RP Singh, CMD of the company, on NDTV Profit. The company expects turnover of Rs 5000 crore for FY08 and is in discussions with the government to exploit telecom potential, he adds.

Kindly share your views I am holding Power Grid @ 155. Kindly advice me.

I dont think that this will impact on stock price in LT... PG is a good stock to hold for LT

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  #2  
Old 8th January 2008, 02:55 PM
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Default Power Grid : Diversifying

Dear Friends ! I just read the same on rediff. Will it IMPACT on stock price ? Why this stock is still in Red (on 8th Jan).


Power Grid has capex of Rs 5500 crore and plans to diversify into the telecom sector, entertainment and tower business, says RP Singh, CMD of the company, on NDTV Profit. The company expects turnover of Rs 5000 crore for FY08 and is in discussions with the government to exploit telecom potential, he adds.

Kindly share your views I am holding Power Grid @ 155. Kindly advice me.

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  #3  
Old 8th January 2008, 03:04 PM
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Default Re: Power Grid : Diversifying

No idea why Power Grid is priced so low 142 with so much of turnover whereas RNRL without even a proper office and waiting just for court settlement is 250.

Anybody explain the phenomena

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  #4  
Old 8th January 2008, 04:47 PM
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Default Re: Power Grid : Diversifying

Quote:
Originally Posted by nansrired View Post
No idea why Power Grid is priced so low 142 with so much of turnover whereas RNRL without even a proper office and waiting just for court settlement is 250.

Anybody explain the phenomena
Thats Share Market for you!

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  #5  
Old 8th January 2008, 05:48 PM
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Default Re: Power Grid : Diversifying

if we could understand the phenominon. I would have baught RNRL insteal of Powergrid. I am holding both for long term. RNRL has done wonders and expect powergrid to be a decent one.

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  #6  
Old 9th January 2008, 01:56 AM
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Default Re: Power Grid : Diversifying

Power Grid will go down. out look negative

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