Sell Reliance Power, says Ashish Tater of Fort Share Broking.
Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio.
Emkay Global Financial Services is bullish on Reliance Power and has recommended accumulate rating on the stock with a target of Rs 157 in its February 16, 2011 research report.
After the Supreme Court directed the Central Bureau of Investigation (CBI) to go after beneficiaries of the 2G scam, Anil Ambani (who controls India's second largest mobile phone operator Reliance Communication) was seen at the CBI headquarters in New Delhi.
Reliance Power has reported a sales turnover of Rs 11.80 crore and a net profit of Rs 34.89 crore for the quarter ended Dec '10
I have been pleading for long that it was high time Suzlon went out of the Nifty. It had absolutely no business to be in the index for so long, after being a serial underperformer and actually eating away some of the Nifty’s earnings.
Speaking exclusively to CNBC-TV18, JP Chalasani, CEO of Reliance Power said there is no significant contribution from RNRL in Q3. "Rosa I has stablised and operating at 105% PLF," he disclosed.
Anil Dhirubhai Ambani Group company Reliance Power has reported consolidated net profit of Rs 144 crore for the quarter ended December 2010, up 7.5% as compared to Rs 134 crore in same quarter the previous year.
Anil Dhirubhai Ambani Group (ADAG) stocks has slipped further today. Reliance Communications touched a 52-week low of Rs 89.70. At 11:30 hrs the share was quoting at Rs 91.90, down Rs 4.65, or 4.82%.
Prefer BHEL to Reliance Power, says Rajesh Jain, Independent Market Strategist.
At 09:35 hrs Reliance Infrastructure was quoting at Rs 575.95, up Rs 41.25, or 7.71%. The company's board is going to consider share buyback on February 14, reports CNBC-TV18.
Reliance Infrastructure touched a 52-week low of Rs 492.85. At 14:40 hrs the share was quoting at Rs 515.90, down Rs 142.50, or 21.64%.
South Asia is facing a health crisis, with rising rates of heart disease, diabetes and obesity, and patients facing impoverishment as they pay for treatment out of their own pockets, the World Bank said on Wednesday.
Anil Ambani-promoted Reliance Power will expand four large coal-fired power projects by 50% to generate an additional 8,000 MW of power, which may be sold at more attractive merchant rates, The Economic Times reported, quoting unnamed sources.
JP Chalasani, CEO of Reliance Power told CNBC-TV18 that he expects carbon credits to start accruing from January 2013. He also values the certified emission reductions (CERs) at Rs 2,000 crore for 10-years. “At 15 euro if you sell it, it’s about Rs 2,000 crore. It depends upon what price you get at that point of time.
SP Tulsian of sptulsian.com is positive on Reliance Capital.
Reliance Power touched a 52-week low of Rs 134.05. At 09:26 hrs the share was quoting at Rs 140.40, down Rs 6.50, or 4.42%.
IIFL is bullish on Reliance Power and has recommended buy rating on the stock with a target of Rs 170 in its January 7, 2011 research report.