Accumulate Power Grid - Long term

Create Wealth by Accumulating PGCIL

Investors can look at accumulating Power Grid at current price and at lower levels.It is the monopoly status of Power Grid, not many companies in India with such a fantastic network.
Its outlook and business is very good.After listing the price has doubled.Many retail investors have got very small allotment.So one can keep adding this stock now and at every fall.

I would say that one can buy upto 5-10% of portfoilio with Power grid and fair valuation of the stock you can expect to be around 80-90 levels.

Someone who missed IDFC,can buy this would be a very good stock for next few yrs with good upside and very negiligible risks.