Savant bro, I wish to take position in RPower after listening to Junior A and readng his dream projects like 2nd higest power produce, starting a bank (acquiring most prolly), going to create 25000 mw by 2015 and so on. Also checked on rediff money it's p/e ratio is quite high over 140.
So is it advisible to start sip from picking Rpower at 160s levels 50 quants each for 2 years thereby investing 2 lacs apporx (assuming share trade in range of 130-180)?
Also NTPC has p/e at 20s on rediff. Which is better to invest for long term horizon? Do high shows god future cos almost all company are at 14-23 pe.
Thanks.