are u mad or something? See the figures,this company has done a business of over 2840 Crores, what else do u want? This company finances to all major institutions like NHPC.. good for both short and long term..
Its good for profit margins but there is no scope for power projects in india and its all hype. See the true conditions and the power conditions are getting worse day by day in metros like Pune, Mumbai and Delhi. Apply for short term gain. Just imagine if there is any change in the power/infrastructure in last one year in india while during same time so many companies have mopped up crores of rupees from indian investors in name of power/infra.
HELLO This a nice issue 2 invest for long term prospective not for a short term investor Above that it is reasonably price issue compared to other ISSUES which are going on and which are already over .
Well priced IPO.. I have done lot of study for this and accoarding to many research firms sourced, its very cheap as comapred to other finace companies at present cost.. Everything is good about this 4000cr. Rs. company.. EBIDTA ++ profit margin++ ROE ++ EBIDTA++ CAGR++ just check the figures on rec website.. Happy Investing...
For Rs.10 face value the EPS for the year ended 31/3/2007 was 8.46 (Source:REC's website), which is amazing. The issue is reasonably priced keeping in mind the downward trend of the market ( definitely not like EMAAR MGF). One should apply for this IPO in full.
Please compare with PFC. Based on PE ratio, EPS u are getting a gem company at a discount to PFC which is the real competitor. I think the management has already factored in the sensex at around 17500 points and PFC around Rs 190. REC IS A VERY GOOD ISSUE.I KNOW EMPOLYES ARE APPLING THERE FULL QUOTA BY ARRANGING FINANCE ON INTEREST 10 LAKH TO 25 LAKH(SOURCE MINT).MUST INVEST IN THE ISSUE.
Please compare with PFC. Based on PE ratio, EPS u are getting a gem company at a discount to PFC which is the real competitor. I think the management has already factored in the sensex at around 17500 points and PFC around Rs 190
REC IS A VERY GOOD ISSUE.I KNOW EMPOLYES ARE APPLING THERE FULL QUOTA BY ARRANGING FINANCE ON INTEREST 10 LAKH TO 25 LAKH(SOURCE MINT).MUST INVEST IN THE ISSUE.
I feel this is good IPO at reasonable price. Listing will be in March and at that time market will be stable and after budget there will be good rise in the Sensex. so good IPO to apply.
please study the full details of this issue.if seen highly overprised i advise all the investor please donot apply any high prise issue. throw them is in basket ofvest. as wokhard hospital.if we throw them then all the under writer have to pay for IPO( invest in full IPO amt) then they will think so many times before taking under writting. and apply to SEBI if any IPO is going under issue prise.