Copying and distributing are prohibited without permission of the publisher
Indian power stocks seen as overpriced
November 10, 2009
Government reforms and a flurry of IPOs have buoyed sentiment and driven Indian power stocks to expensive levels, says Noble Group. It advises investors to target experienced firms such as Tata Power and Torrent Power.
Stocks in India’s power sector are starting to look expensive following a recent rally caused by government reforms and a spate of IPOs, according to Noble Group.
India’s Ministry of Power has introduced several reforms in the past few...
This content is only available to Asiamoney PLUS subscribers or trialists.
If you have a username and password, you can login here.
Otherwise, please take a free trial or subscribe for unrestricted access.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
Taking a free trial will give you access to the last 30-days of content (excluding some polls & awards articles), for two weeks. Start your trial today.