tg-me.com/cointelegraph/61436
Create:
Last Update:
Last Update:
BY Cointelegraph
Share with your friend now:
tg-me.com/cointelegraph/61436
tg-me.com/cointelegraph/61436
Share with your friend now:
tg-me.com/cointelegraph/61436
View MORE
Open in Telegram
Cointelegraph Telegram | DID YOU KNOW?
Date: | Cointelegraph
The seemingly negative pandemic effects and resource/product shortages are encouraging and allowing organizations to innovate and change.The news of cash-rich organizations getting ready for the post-Covid growth economy is a sign of more than capital spending plans. Cash provides a cushion for risk-taking and a tool for growth.
However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
Cointelegraph from us