Query: I bought GMR Infra at Rs.220/- of 200 shares I lost almost 60% of my share value, Plz guide me in this? S.Mahalaxmi, Andheri(E) Mumbai.
Thebullishtrends: GMR Infra (CMP:Rs.87), is an very good buy at these levels. One cannot expect immediate returns on the Infra companies as it requires some time to establish and to earn profits. GMR Infra is one of the fast growing company in infra segment and you can expect many announcements from the company side in the coming months. Recently GMR Infra has picked up 50% stake in U.S based Intergen a leading power generation company in U.S.
Incase you are a long term investor then we advise you to take some more position at current levels, hence you can get better average price and please hold it atleast 6-12 months to get better returns.
