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Q.

NTPC Fixes the floor price at Rs 201 and the offer opens tomorrow. How many of you plan to buy it?

Tags: money, real estate, electronics
Asked by Josna, 03 Feb '10 10:49 am
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Answers (2)

1.

PSU issues rarely generate that kind of an ethusiasm these days as was the case in the earlier period of 2001-2004. The recent NHPC issue is a typical example where the stock has struggled to even maintain the issue price and is now quoting almost 10% its lower price.

Should one go for NTPC issue?

Unless some one is a long term investor and doesn't care much about what is the price now, they may. Otherwise, No. The stock has been on a downward trend for the past 21 trading sessions, coming down from the high of 241 traded on Dec 31st.

Things to consider:

Is it a high profile momentum stock? - No, though it is in the NIFTY, it is not a favoured stock.
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Answered by Omega, 03 Feb '10 12:06 pm

 
  
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2.

I wish I had money.
Answered by Uncommon Freind, 03 Feb '10 10:54 am

 
  
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