PTC India

RALLY AHEAD

Posted by : tendon
Price when posted : BSE: Rs 97.55 ( -2.40 % ), NSE: Rs. 97.50 ( -2.26 % )

Have you patience?
Buy PETLNG and GEI IND SYSTEM at CMP.
Add more at every 10% decline.
Target 3-5 fold on or before DIWALI 2012.
Happy investing.
TENDON....

Any news on Supreme Court Verdict

Posted by : Guest
Price when posted : BSE: Rs 98.35 ( -1.60 % ), NSE: Rs. 98.30 ( -1.45 % )

Boarders, any of you have idea on when the Supreme Court Verdict is expected on CERC vs Power Companies case? I believe both side hearing is over... Please share your views on what would be the verdict and how it would impact the share price of PTC...? thanks...

RALLY AHEAD

Posted by : NAUGHTY007
Price when posted : BSE: Rs 103.75 ( -0.57 % ), NSE: Rs. 103.80 ( -0.48 % )

buy on dips-thanxs fr ur views-happy deepawali to all...

BSE Announcements on PTC India

Posted by : MMB Messenger
Price when posted : [PTC India - BSE:Rs. 103.75 NSE:Rs. 64.80 when posted]

PTC India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 24, 2009, inter alia, to consider the un-audited financial results for the second quarter of FY 2009-2010 (Q2)....

PTC India

Posted by : pandumanu
Price when posted : BSE: Rs 103.70 ( -0.62 % ), NSE: Rs. 103.60 ( -0.67 % )

Shareholding paterns of PTC India as on 30.06.2009:-

1) Promoters:- 16.32%
2) Institutional Investors:- 67.05%
(FII :- 31.03%)
3) Others Investors:- 7.11%
4) General Public:- 9.52%

buy keeping a target of Rs. 180/- upto December`2009....

PTC India

Posted by : rupesh711in
Price when posted : BSE: Rs 104.35 ( -0.67 % ), NSE: Rs. 104.30 ( -0.71 % )

PTC India has achived first trgt given before of 105

now has made Oct 14, 2009 Continuation Diamond (Bullish) Intermediate-Term Bullish at-105.80
trgts=109-114 ...

Investment Managers ---- HELP !!

Posted by : ypal
Price when posted : BSE: Rs 104.35 ( -0.67 % ), NSE: Rs. 104.30 ( -0.71 % )

The issue is PTC will be entering into a highly profitable business of selling merchant power from 2011. This power is owned and then sold by PTC, as opposed to trading other`s power which attracts 4 (now proposed 7) paiase margin. The owned power will be sold at a margin of 150 to 200 paisae. It will be immensely profitable but the issue is it is NOT PTC India Limited which will be getting the profits, but PTC Energy Limited, a 100% subsidiary of PTC India. Please guide / give your opinion what impact it will have on the share price of PTC india once the business starts. Will it go up ? If the profits were to accrue to PTC India, there is no doubt the share price would jump. But in reality, standalone PTC India is only the 7 paisae margin company. Its only the CONSOLIDATED statement which will reveal the whole picture. HELP !!...

target

Posted by : sumi sudheer
Price when posted : BSE: Rs 104.35 ( -0.67 % ), NSE: Rs. 104.30 ( -0.71 % )

i think it may go to 120...

target

Posted by : NAUGHTY007
Price when posted : BSE: Rs 104.35 ( -0.67 % ), NSE: Rs. 104.30 ( -0.71 % )

what r the fresh targets?...

Draft Notification on Increase of Power Trading Margin

Posted by : ypal
Price when posted : BSE: Rs 107.65 ( 2.48 % ), NSE: Rs. 107.80 ( 2.62 % )

VJ, the Supreme court case is still pending. The final hearing took place in the SC on Sept 9th 2009 between PTC, Tata, Reliance on one side and CERC on the other side. But I think the issue in SC is not whether CERC should increase the margin from 4 paisae to 7,8, 10 paisae - the issue is CERC should be stripped off the authority to regulate any margin cap. Markets should determine trading margin.

Regarding owned power, yes, what you say is absolutely right....

Draft Notification on Increase of Power Trading Margin

Posted by : vjkumk
Price when posted : BSE: Rs 105.05 ( 20.82 % ), NSE: Rs. 105.05 ( 20.75 % )

Ypal,
the CERC order is related to supreme court results? or still the results are pending on supreme court?Do you have any idea?

surely there will be a profit increase of 40 to 50% due to increase in margin cap to 7 paise.But let`s look at the owned power which they are going to sell,this is the time i`m very eager to look out for since there profit should increase at least 10times,Where the stock price should reach 300 mark if market is good.But once again have to make wise decision to sell at the right time if prices goes high....already we missed a chance to sell at rs 200.
vj...

Enjoy the Rally

Posted by : Guest
Price when posted : BSE: Rs 105.05 ( 20.82 % ), NSE: Rs. 105.05 ( 20.75 % )

Oct. 14 (Bloomberg) -- PTC India Ltd., the state-run electricity trader, surged by a record after a regulator proposed higher fees for electricity transactions.

PTC, the best performer on the BSE500 Index today, jumped 21 percent to 105.15 rupees as of 3:04 p.m. local time after climbing as much as 23 percent, its biggest gain since the stock’s trading debut in 2004. The shares are poised for their highest close since May 2008.

The Central Electricity Regulatory Commission proposed increasing the fee on power trading to 0.07 rupee per kilowatt- hour, from 0.04 rupee, when the sale exceeds 3 rupees (6 cents) a kilowatt-hour, according to a circular dated Oct. 12 on its Web site.

“The proposed changes for increasing trading margins if approved will be a big boost for power trading companies,” Mumbai-based Harshawardhan Dole, an analyst with IIFL Ltd., said in a phone interview today.

The regulator said in a separate notice it sought feedback of the draft rules by Nov. 11.

NIce move.. can acheive 125 levels soon.

...

RALLY AHEAD

Posted by : Guest
Price when posted : BSE: Rs 105.05 ( 20.82 % ), NSE: Rs. 105.05 ( 20.75 % )

PTC India is in the business of electricity trading. In India electricity trading is hihgly reulated by CERC. As of now PTC was allowed only 4 paise margin per unit of electricity sold in the short term market irespective of rate of electricity sold. PTC has been opposing this cap on the margin and a case is in the court regarding the margin. In the meantime as per the draft CERC policy the cap is being increased to 7 to 8 paise which would just double the profit of PTC from sale of electricty (not the total profit which also consist of a large amount of income from treasury and its subsdiary) It is further understood that CERC is going to remove any cap on long term sale of power, which is again a big positive for PTC as it would now be free to charge a higher margin from its long term contracts which would be comming into force shortly. as of now 100% of sale of power of PTC consists of short term power sale. The market has sensed the above draft policy of CERC and this explains the jump in share price of PTC. Looking forward - PTC has got lot of investment in power projects directly and through its subsidiary NBFC arm and another subsidiary created for development of power projects. All these projects would be on stream in the next 2 to 3 years. Thus PTC share has hidden value which is not being reflected in its share price which is grossly undervalued keeping in view the Adani/RPL etc. Just watch the PTC share go to Rs. 300 to 500 in 3 to 4 years. A big jump would come when the NBFC arm of PTC comes out with its IPO somewhere in mid 2010. PTC has nearly 80% stake in it....

RALLY AHEAD

Posted by : NAUGHTY007
Price when posted : BSE: Rs 105.05 ( 20.82 % ), NSE: Rs. 105.05 ( 20.75 % )

wow what a rally in asingle day unimaginable in this stock-whats cooking?...

PTC - BUY SIGNAL - @125 - 4 DAYS

Posted by : moneycon
Price when posted : BSE: Rs 105.05 ( 20.82 % ), NSE: Rs. 105.05 ( 20.75 % )

Strong Buy Signals @125 in next 4 days or a Week. If possible to break resistance level @125 it will be goes @140-150. It`s a strong resistance showing....