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About REC

Discussion in 'Fundamental Analysis' started by ravalhimanshu, Jul 21, 2018.

  1. ravalhimanshu

    ravalhimanshu New Member

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  2. mk27418

    mk27418 Active Member

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    It has fallen from 225 to current 91..around 60%..its working is driven by political system..if you want to invest, all the signals seems downtrend.... Current value seems attractive.. but I will suggest to wait a little..

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  3. ravalhimanshu

    ravalhimanshu New Member

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    Thanks....
    Sir, whats your view in long term 8-10 years.
    Can you see the 4-5 times return from this level

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  4. mk27418

    mk27418 Active Member

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  5. mk27418

    mk27418 Active Member

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    My personal view is against to invest in such org in long run. Because in current market there are so many good stocks available at much cheap price. So why should we invest in org which will give these all to others and that decision will be at political level. In the same range you can check Jamna auto, greaves cotton, Ashok Leyland, nocil...rest your decision..

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