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Q.

I have 1000 shares of RNRL purchase at a price of Rs. 46.90, what should i do?

About: Money

Tags: money, electronics, rnrl
Asked by Praveen Singh, 12 Jul '10 05:30 pm
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Answers (8)

1.

Wait for the level of 36 to average.
Answered by pk mohanty, 13 Jul '10 07:40 am

 
  
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2.

RNRl give a down share in present, but u hold ur share and in future u have a chance.
Answered by vishwanath dhruwansh, 13 Jul '10 03:50 am

 
  
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3.

If again u see 46.90, sell it....otherwise, wait. even if u get RPOWER - good long term investment
Answered by parth yogesh pathak, 13 Jul '10 12:34 am

 
  
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4.

It is done already, so no way except loss. But if you stay long with this share, you will get good return. You should buy R. Power instead of RNRL, because merger ratio is 1:4
Answered by sabyasachi gupta, 12 Jul '10 08:27 pm

 
  
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5.

Sold it immediately other wise u will loose money and put the money in bank account or any other share
Answered by Deepak Malhotra, 12 Jul '10 07:36 pm

 
  
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6.

Hi,
1000 nos @ 46.90 means your investment is 46900 approx(excluding brokerage n taxes). with the merger and swap of 1:4, you will get now 250 shares @ 173.20 (Today's Price), your net worth for this script will reduce to rs 43300. Reliance power has plans of putting up sasan n mundra project target generation of 70,000 MW. so huge potential in reliance power stock as compared to RNRL Stock.
Answered by Abhinav, 12 Jul '10 06:25 pm

 
  
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7.

Hold
Answered by RSehgal, 12 Jul '10 05:43 pm

 
  
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8.

Wait for merger
Answered by veeravenkata satyanarayana, 12 Jul '10 05:30 pm

 
  
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