A Special Hunting Map on NHPC

Hi Friends

So the IPO which is named as NHPC is getting listed on the 1st of September 2009, a brief information which can be useful for traders and investors on the Stock.

National Hydroelectric Power Corporation is one of the largest organisation for hydro-power development in India having constructed 13 hydro-power projects in India and abroad with a total installed capacity of 3694.35 MW (Including the projects under joint venture). With an asset value of Rs. 2,00,000 million NHPC has planned to add 2480 MW of power during Xth plan and 6297 MW of power during XIth plan. NHPC's capabilities include the complete spectrum of hydropower development from concept to commissioning.

Presently, They are engaged in the construction of 11 additional hydroelectric projects, which are expected to increase total installed capacity by 4,622 MW. Further eight projects, including one joint venture project, with an anticipated capacity of 5,751 MW, are currently awaiting sanction from the CCEA. NHPC have obtained ISO 18001:2000, ISO 9001:2000 and ISO 14001:2004 certifications from the Bureau of Indian Standards

(Info found from google)

The opening date of the IPO was on the 7th of August and the issue was closed on the 12th of August, the IPO was very well over subscribed.

So now is the time when the IPO is going to come out and get listed in the market, tomorrow the 1st of September is the day when the IPO is getting listed, the IPO is likely to open at a premium, we are expecting the IPO to list around 41 - 43 levels and then some high moves can be sen around 46 levels and we may also see some profit booking so be careful at high levels.

A warning for all the traders, the stock is a good accumulation around 30 - 36 levels, so one can sell the stock at high levels and get it hold back at around lower levels.

For investors, this stock, can be a multi-bager and one having a long view on the stock for 1 - 2 years can touch pecks which no one expected, in a time frame of 1 year this stock can double and if one holds more than 2 years then one can see the stock at 120 - 150 levels also.

If we look at the allotment,, it was done on this basis : -

NHPC IPO Allotment Details

Share Applied	Allotment	Ratio
175	175	14 : 51
350	175	6 : 11
525	175	9 : 11
700	180	Firm Allotment
875	238	Firm Allotment
1050	285	Firm Allotment
1225	333	Firm Allotment
1400	380	Firm Allotment
1575	428	Firm Allotment
1750	476	Firm Allotment
1925	523	Firm Allotment
2100	571	Firm Allotment
2275	618	Firm Allotment
2450	666	Firm Allotment
2625	713	Firm Allotment

So those investors who didn't get hold of the stock, would try to buy the stock at dips and thus it could be a hard time for the traders to trade in the stock, so one has a call to book at high levels and buy at dips or wait for more up moves and wait for few days and see the moves and react to it accordingly.

One can see 46 - 50 - 55 levels in the coming months, so this might help you take decisions accordingly.

In the coming years, this stock is likely to get many good news which would help the stock to boost up and sooner or later the stock would be added in the future section, which can be a very positive news for the stock and the execution of the projects would also help the stock to boost up. For a long term view on the stock is very positive.

Fundamentally the company is very strong and this stock is likely to out perform in the coming years, a very good IPO after a long time, and can be a high return low risk share.

One can make there own decisions, the above mentioned information is for educational purpose only and make final decisions after consulting there financial advisers, the above mentioned information are our personal views.

Regards

Captain
www.moneybaghunting.blogspot.com