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BY Chonky World
![](https://photo.tg-me.com/u/cdn4.cdn-telegram.org/file/akibUkeykp4UArK7OoCIwbplC2oWqTEbnoRZec4lNeMEuntEN52Lc1uS6kcvHGypveylt7-4yQwL1KA8LMKQH0u987iblD3bjbZuhChIMmA9Wp8WZ0rV6mrWW348-sP7HwHV1mvNjVOMMrRVbJPy5PBbtMl3IrH4VsxJwO0SuSDw4j9AHYOPLOLfmbWU4vTMu3kZ9LxdhmkuG1ttIatSUo13vsRP3kL9aS8T_KGSP8ngGNxQyV5i-MT25QU8iKDqpyFc8xu4iYaDwQzXzTOOMLcozrlxfUdmKKnkYLe7Cwy2AiZzXs2FnKRIzK1llevGUx4uawiSe0BNJe6MS-UZKw.jpg)
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BY Chonky World
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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