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