I have 1250 shares of R.Power @ 154/- and holding it for the last 5 years. when the company has no plans in the future and also it has been seen that the company is playing with the sentiments of the people which has brought the moral of people regarding the company. I personally ask will the people of india ever earn any profit invested in this company.
average rpower near 85-88 and hold you can expect good returns ...
We can understand your frustration. Stock have under performed significantly during the past five years. But we see some positive coming as company starts power production in 2013-2014 onwards. Since, you have already shown great patience we will suggest you to continue holding this company for another 2 yrs. We see some good appreciation in stock prices by that time.