Genus Power Infra into solar panels?

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by vij, Sep 27, 2016.

  1. vij

    vij Member

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    Is Genus Innovations Ltd (that deals with solar panels) a subsidiary of Genus Power infra? I am trying to understand if Genus Power Infra can benefit from the future solar panel technology.

    Regards
     
  2. Sainath

    Sainath New Member

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    Its current market price is Rs 41/- for Re 1 face value.Is it worth it?
     
  3. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    sir ,
    face value is not important if other fundamentals are creating value it is a good value stock , otherwise it is over valued stock
     
  4. Sainath

    Sainath New Member

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    Sir,I meant to point out that the scrip at Rs 41 is overvalued as compared to its peers.
     
  5. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Ha ... it is true , your analysis is correct with other parameters ,
    i always mentioned this in my posts , it is not only related to face value Rs. 1 is indeed sir
    always look other fundamentals , dont depend up on only news or one fundamental value
     
  6. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    some of the promoters stake is in pledge in that company
     
  7. Sainath

    Sainath New Member

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    All right.One can look at scrips REC,Coffee Day and Adlabs which are available at reasonable levels.
     
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