Thursday, 29 December 2011

India Stock - GBP Powershare

GBK Powershare - Infrastructure sector
Recent low of INR 9, stock is making lower tops and lower bottoms, not much bounce. with a bounce back there could be a range upto 12 rupees.

GBP has many airport, road projects but lots of debt.

Market cap is 2,000 crore ~($374 million)

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