Buy Reliance Energy at lower level: PN Vijay

58997 Investors following Reliance Infra. Share this News with them.

0

Like this story, share it with millions of investors on M3

Buy Reliance Energy at lower level: PN Vijay

Investment Advisor, PN Vijay is of the view that one should buy Reliance Energy at lower level as right now it seems fully valued to him.

Post your opinion here

 

0

Tweet

Share on Tumblr

Excerpts from Closing Bell on CNBC-TV18 Watch the full show » RELATED NEWS Reliance Energy the top pick in power: Gujral Reliance Energy plunges 5.1% Reliance Energy looks expensive: Dhawan Reliance Energy PAT seen up at Rs 221.2 cr: M Oswal Reliance Energy takes dip ALSO READ See previous views by PN Vijay See what other Experts & Brokerages are saying about Reliance Infra See messages about Reliance Infra Reliance Infra BSE | NSE 28/05/12 Are Mutual Funds betting on Reliance Infra?

Investment Advisor, PN Vijay is of the view that one should buy Reliance Energy at lower level as right now it seems fully valued to him.

Vijay told CNBC-TV18, "Reliance Energy is a fast-growing great company but at this point it is overvalued compared to its peers essentially because of two reasons; one is the general Reliance factor and the other is that the unlocking that's taking place through Reliance Power. So at this point in time, I would definitely not increase my exposure and I am sure I would get opportunities to buy this stock at a lower level, right now it seems fully valued to me."