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Q.

Is it best rate to buy rel energy @1600

About: Company: Reliance Energy Ltd.

Tags: best rate, rel energy
Asked by jodha akbar, 21 Feb '08 04:31 pm
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Answers (4)

1.

It is good to hold REL Energy on a long term stake. For short term gains it might not be the best bet.
Answered by Ramesh Sivlingam, 21 Feb '08 04:36 pm

 
  
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2.

WAit a little bit more nd it will go down...
Answered by Prabhakar Dass, 23 Feb '08 11:50 pm

 
  
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3.

Rs 1500 will be best deal for short term investment but @ Rs 1600 is ok for long term investment
Bye Jodha
Answered by Raju, 21 Feb '08 04:50 pm

 
  
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4.

I think it is very high price
From Times Online

February 20, 2008
Roger Mike, Bombay

Reliance Power stalls fears for Reliance Energy Share holders.


Reliance Power, earlier known as Reliance Energy Generation Co. Ltd, which got the mandate to develop a 4,000MW ultra mega power project at Sasan in eastern Madhya Pradesh this June. The so-called ultra mega power project is estimated to cost around Rs20,000 crore.
It could not be immediately ascertained which of Reliance Energys other power projects and assets would be farmed off to its unit Reliance Power. About 60% of Reliance Energys Rs6,500 crore revenues in fiscal 2007 came from its power business. Stock broking firm Prabhudas Liladhar had estimated the enterprise value of the power business at Rs1.02 trillion in a recent report.
The parent company had stated in the past that it has plans of setting up 20,000MW capacity by 2015. Some among the new projects could be handled by Reliance Power, an R-ADAG official said, p ...more
Answered by ashol, 21 Feb '08 10:18 pm

 
  
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It will come downFrom Times OnlineFebruary 20, 2008Roger Mike, Bombay Reliance Power stalls fears for Reliance Energy Share holders.Reliance Power, ea..more

Answered by ashol