tg-me.com/IInyr/16918
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![](https://photo.tg-me.com/u/cdn4.cdn-telegram.org/file/GWiuTQboioj-tTcM-0muGvBhn2iRbaOU2h2Ol9gc8j0AlVoux35iNE89-Ez5fQQDIJVwxO7_QO2r6VbGKlV8NvKXyPgQ6tJBFd9IIoiw2SU0GD5qo-9j58w6YQdniphxSm2-vgv1XnmHCrnx0G47gjvvrzM3sXmtj-1RkfrexDoPEBdDgu7Gq3MUi5a0OGmD5UhtACxV4KPYkQu1cOEW1j-OJHdYfWWXpxKVzHqprtROasN3RgU2aSq_BHEzmM659_N1IE04o0Q4VFn9PyEL8iy6r2BlSLbXvq87wYjfVyAhy-HfQgt8ySkl5oSFvbC685BCo8dl8LFZxOZdRgUIzA.jpg)
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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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