Gvk Power

Here we discuss about stocks and we should buy them or not.
Post Reply
arun6580
Posts: 15
Joined: Sat Nov 04, 2017 8:42 am

Gvk Power

Post by arun6580 » Tue Nov 07, 2017 6:06 pm

Sir, I have 2000 share with price 16.20, is it good to average few more if there is any correction or do I need to sell. I am looking for a long term perspective.

User avatar
Srilata Rao
Posts: 63
Joined: Tue Dec 27, 2016 3:19 pm

Re: Gvk Power

Post by Srilata Rao » Fri Nov 10, 2017 11:51 pm

arun6580 wrote:Sir, I have 2000 share with price 16.20, is it good to average few more if there is any correction or do I need to sell. I am looking for a long term perspective.
I think the prospects depend on the economic growth and infra sector. Company has lot of debt. If debt is managed and it does turnaround into profits, GVK can be multibagger. Also at present stock is down and risk is low but reward can be high if there is change in business. Good luck.

Post Reply