Book Profit on Indowind
Book Profit on Indowind and Buy NTPC
As it was the case with any IPOs, which came at higher valuations, it is the same as Indowind Energy also and the stock also has substantially moved up. The investor having got the stock at Rs 65 should look for profit booking at these levels. If one is looking for any kind of alternative investment from long-term perspective, may be one can look at NTPC which I feel is going to be a multi-bagger from a long-term perspective.
As it was the case with any IPOs, which came at higher valuations, it is the same as Indowind Energy also and the stock also has substantially moved up. The investor having got the stock at Rs 65 should look for profit booking at these levels. If one is looking for any kind of alternative investment from long-term perspective, may be one can look at NTPC which I feel is going to be a multi-bagger from a long-term perspective.
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