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Create: 2023-12-20
Last Update: 2024-05-31 23:06:19

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𝕍𝕚𝕧𝕚𝕖𝕟𝕕𝕠 𝕃𝕒 𝔻𝕦𝕝𝕔𝕖 𝕍𝕚𝕕𝕒®🧬 Telegram | DID YOU KNOW?

The seemingly negative pandemic effects and resource/product shortages are encouraging and allowing organizations to innovate and change.The news of cash-rich organizations getting ready for the post-Covid growth economy is a sign of more than capital spending plans. Cash provides a cushion for risk-taking and a tool for growth.

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.