The thermal power stations of the company has been working during the ongoing lockdown.
So far in 2020, all the 14 components of this sector have lost at least 10 per cent value.
Out of 500 index stocks, 377 are now in positive since PM announced the lockdown.
Marks believes investors waiting on sidelines may keep themselves from making good purchases.
Few brokerages expect IT firms to report de-growth in FY21 dollar revenues for first ever time.
The sudden rise in share buyback offers this time has more to do with the market fall.
I think a lot about what money is worth and believe that it has no intrinsic value, says Dalio.
The stock currently trades at Rs 1,158, 28 per cent away from its 52-week high.
Select names from the pack may even outperform the broader market in the short term.
Travel bans globally and domestically have virtually paralysed the capital-intensive sector.
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