tg-me.com/MaestroDomenicoBini/710
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BY Domenico Bini
![](https://photo.tg-me.com/u/cdn4.cdn-telegram.org/file/OrIm4Hfmd5SS4StYHzv0IE7MFUi0cfcXtDAx_skHjCe_DyIZgMZOPKAaN0cCt8kjaJsYmUReg-OIRiRa0jd7HOSv4EE1zagk65xrvr7MvZ_kOIAqB-3XXga7xB_Rgp0wdfaVt-c2ncFwu_aD-atjcZU-2Qp0rhhGnNgE3PVQlHFWAn_flG27KOdZlCrqTbfor_Chili0Te09DxA15YfROyHONLc9dpj589ZVI1lZBCKSCAZ4Joy5YDo-cRdrwayNnm_NVLKmenDbUEIRkQczIBbdJgIlHxZc_uVWUqUrLI4X4ou9wcSBGwCQRjQlAjz5v4RvMsFyDIywLkbqoAQbPw.jpg)
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tg-me.com/MaestroDomenicoBini/710
BY Domenico Bini
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.
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