November 27, 2013

NHPC Buyback ( 10% Equity ) @19 / 25 p Opens 29-11-2013

Buyback Closes on 12-12-2013 

NHPC is a Govt. owned Mini Navratna Category I Company.


Blog Comments :

It is very  surprising that Govt. of India is selling its shares in a Mini Navratna to raise funds .
Instead Govt. should cut its Vote Bank driven subsidies ( like Diesel , Fertilizers etc. )

Funds of NHPC should be used for further expansion of  normal business  ( Power Generation ). 


Selling family`s silver to finance Vote Bank driven subsidies like Diesel , Fertilizers etc.

Govt. should cut drastically the bloated bureaucracy.

Govt. does not want to cut Diesel subsidy. To finance the Vote Banks even the crucial Rafale Fighter jet Deal with France has been delayed.

It is a Govt. of Rich Farmers


General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this blog / blog writer.

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