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NHPC & Neyveli Lignite Buyback

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

  1. bksinghus

    bksinghus Member

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    should u use buyback offer to exit from these shares or there is likely a higher valuation of these two stocks
    need guidance
     
    nirajshah likes this.
  2. nirajshah

    nirajshah Champion

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    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
     
  3. bksinghus

    bksinghus Member

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    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
     
  4. shabbir

    shabbir Administrator Staff Member

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    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
     
    raja_praveen likes this.
  5. bksinghus

    bksinghus Member

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    shabbir likes this.
  6. bksinghus

    bksinghus Member

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    Thanks
     
    shabbir likes this.