No triggers in Guj NRE in the short term

Baliga told CNBC-TV18, "First of all Gujarat NRE Coke is in a meterological grade coke manufacturer whose value has increased multifold. The margins have also increased multifold. Now they have given a 1:1 bonus. By December 2005 its capacity will be 2.5 times more. As of now its fully priced. If you see from a 1-year perspective then you could get 30-40% return. In the short term there are no triggers. It should be looked from a long term investment point of view. But at the same time you should keep in mind that it is a commodity whose value can come down also."

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