Can we buy NTPC now because NTPC FPO is coming in early Feb'2010? Due ti this the stock would go upward in short term.
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Can we buy NTPC now because NTPC FPO is coming in early Feb'2010? Due ti this the stock would go upward in short term.
I would not think this is a good strategy, It's mere speculation investing. Always go for long term in the stock market.
Your view now. Its going down - might reach below FPO price.
Guys - What do you say about NTPC? It's near FPO price, last traded price - 202.4.