Answer to Q153
785 = 2510 - X. What is X?
785 = 2510 - X
2510 - X = 785
-X = 785 - 2510
-X = -1,725
X = 1,725
Answer: 1725
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However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
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