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Power grid corp hits another low opporunity for value investor

opagarwal's picture
Submitted by opagarwal on December 1, 2009 - 02:38

Power grid trading at 6 month low today on a high market. A great opporunity for value investor looking for a safe bet in power sector.

CMP : 100.35

Expected return in 1 year 20% on conservative basis. Stock is trading at p/e of 23 compared to high p/e of 33 for other power companies.


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