Let us look at 4 of them:
Reliance Power ( P/e of 81, obviously not paying dividend) or Tata Power (p/e of 20 and dividend yield of 1.35), or Ntpc (p/e of 13 and div y of 2.62) or Nhpc (p/e of 8 and div yield of 3.31).
could not decide, but told myself when Reliance Power (will be) is available at the same p/e as Nhpc (which means a single digit price for Rel Power) it should be a good buy, what say?
Ps: I have a position in Tata power, Ntpc, and Nhpc.
Inspite of my anti psu stand I still have a exposure to Nhpc, Ntpc, Ongc, Coal India. Ntpc and Ongc are very old and my cost is close to the issue price. Nhpc my cost is current market price…Coal India avg cost price is 305… 🙂
No stake in Reliance adag.
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