Saturday, October 30, 2010

RELIANCE POWER

VALUE PICKS LIVE - PLEASE USE THIS LINK FOR QUESTION ON INVESTING ON FUNDAMENTALS - http://www.ashudutt.com/valuepickslive.aspx


RELIANCE POWER, ASHU'S CALL - SELL,CURRENT PRICE:157 TARGE PRICE:N/A, HOLDING PERIOD:NONE

Reliance Power is already overvalued given its track record and the amount of MWs added. It has still to fulfil what it said in its IPO. Till I don't see an execution record, I won't consider this stock a buy

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