Look at the likes of NMDC, NTPC, Hindcopper, SAIL, MMTC, PSU banks .. Only growth stocks will give returns in long-run .. Tamilnadu Electricity board doesn`t even have fund to give salaries, that`s the fate of Govt. Don`t be too optimistic on India growth story too early.
7.29 PM Dec 5th
one should take mtnl valuations prior to 2k and laters. a debt free company got milked by govt and ended up as penny stock. govt is impartial so it treats all psu alike.. sbi will come to 3 digits too. ofcourse this is not a rule. but it usually happens this way only...
7.28 PM Dec 5th
2014 is going to be better than calendr year 2013. So I dont find no reason as why someone would settle for banks like Syndicate or OBC where the NPA is 5-6% of their loan size, capital adequacy is less than 10% (cant expand your branch in that case), retail franchise is minimal as theese midcap PSU
6.53 PM Dec 5th
I am not talking of market prices and Buy back prices etc. India is having Huge energy deficit. To develop more energy resources, there are only a very few capable companies. Cairn and RIL are the main ones in the fray - apart from ONGC, the PSU company. The operations of both RIL and CAIRN must
4.35 PM Dec 5th
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