General discussion about Power Grid Corporation of India Ltd.

04 May, 2018 15:41
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After a long period of correction since dec 2017 where the price fell below the 200 day SMA, today the stock has closed above its 200 day SMA for the second time since then. There was a clear breakout and with good profit estimates for Q4FY18 , this stock can test its 52 weeks high. One of the Market leaders in the Power Sector and below average P/E, this is a good short term and long term bet.

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