𝗛𝗜𝗡𝗗𝗜 𝗠𝗢𝗩𝗜𝗘𝗦 𝗗𝗢𝗪𝗡𝗟𝗢𝗔𝗗 𝟮𝟬𝟮𝟮 - 𝗡𝗘𝗪 𝗠𝗢𝗩𝗜𝗘𝗦

𝗛𝗜𝗡𝗗𝗜 𝗠𝗢𝗩𝗜𝗘𝗦 𝗗𝗢𝗪𝗡𝗟𝗢𝗔𝗗 𝟮𝟬𝟮𝟮- 𝗡𝗘𝗪 𝗠𝗢𝗩𝗜𝗘𝗦 Telegram | DID YOU KNOW?

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.