Profit

Hold on to JSW Energy, say experts

PUBLISHED ON: April 9, 2012 | Duration: 14 min, 41 sec

   
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Hormuz Maloo, technical analyst, Geogit BNP Paribas Financial Services, and K.K. Mittal, head PMS, Globe Capital Market, say the stock is trading above its 200-day moving average and therefore one should hold on to it. Power companies will face some pressure in the short term due to supply issues, but this should not deter investors in the medium to long term.
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