1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

NHPC & Neyveli Lignite Buyback

Discussion in 'Technical Analysis' started by bksinghus, Mar 16, 2017.

  1. bksinghus

    bksinghus Member

    Joined:
    Aug 18, 2016
    Messages:
    4
    Likes Received:
    6
    should u use buyback offer to exit from these shares or there is likely a higher valuation of these two stocks
    need guidance
     
    bksinghus, Mar 16, 2017
    Share #1
    nirajshah likes this.
  2. nirajshah

    nirajshah Champion

    Joined:
    Aug 17, 2016
    Messages:
    546
    Likes Received:
    302
    I don't think so. Only buyback should not be a reason to remain invested. You will not be able to tender all the shares

    Sent from my 504Q+ using DIY Technical Analysis mobile app
     
    nirajshah, Mar 17, 2017
    Share #2
  3. bksinghus

    bksinghus Member

    Joined:
    Aug 18, 2016
    Messages:
    4
    Likes Received:
    6
    Dear sir thanks for the reply but the question asked remain unanswered. So nit of any use for the seeker thanks

    Sent from my Moto G (4) using DIY Technical Analysis mobile app
     
    bksinghus, Mar 18, 2017
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,706
    Likes Received:
    1,940
    I think these stocks can go higher given the gush of Indian money getting into the market and CPSE ETF coming ups. Both are PSU
     
    shabbir, Mar 19, 2017
    Share #4
    raja_praveen likes this.
  5. bksinghus

    bksinghus Member

    Joined:
    Aug 18, 2016
    Messages:
    4
    Likes Received:
    6
     
    bksinghus, Mar 19, 2017
    Share #5
    shabbir likes this.
  6. bksinghus

    bksinghus Member

    Joined:
    Aug 18, 2016
    Messages:
    4
    Likes Received:
    6
    Thanks
     
    bksinghus, Mar 19, 2017
    Share #6
    shabbir likes this.