What should you do with Reliance Industries & Tata Power? Gurmeet Chadha explains
“Last quarter, Tata Power numbers were very good, helped by coal business, the Mundra operations and even the revenue to power discom. It is a very integrated power company. It is a nice integrated power play, old-age, new-age right balance, good cash flows and that is something which we like. The valuations are reasonable and have seen almost a 30% correction from Rs 300 level.”
