NHPC

Rajesh Sharma

Jit Bahadur is like a phoenix – rises live once again from the ashes. This time too he is having fearce battle to survive. He did all wrong with Harisddhi. He repeated the same with Nepal Sri Lanka Merchant Bank Limited, NB Insurance, NBB, NCCB and NHPC.
 
Now, NSLMBL is no more, NBB has come out of Jit Bahadur-Laxmi Bahadur's grip. Harisiddhi and NB Insurance are at Brahmanal (deathbed). NCCB and NHPC are two companies where great revelry has been going on between two giants – NB Group led by Jit Bahadur-Laxmi Bahadur and informal New Investor Group led by Nirmal Pradhan to control their managements. Long time ago, Nirmal Pradhan was considered a fair player, but more recently, while fighting against NB Group, he became like leaders of NB Group - unfair and wrong-doing.
 
The fight between NB Group and New Investor Group or between Laxmi Bahadur-Jit Bahadur and Nirmal Pradhan -Shankar Kumar is the primary reason behind the price movement of these two companies. Both groups have been trying to establish their control over these two companies. However, the day when one group realizes that it is loosing the battle, the story may be entirely different. 
 
Yesterday alone NHPC had transaction by a Single broker (56) of more than 114,000 kittas in more than 40 transactions followed by another broker (32) who has done single transaction of 60,000 kittas, both buying and selling plus another 2500 kittas in 2 transactions, totaling to 62500 kittas selling transactions. Broker no 33 has done transaction of more than 21,000 units in 12 transactions. Interesting to analyze and understand! (One of the unconfirmed 'leak' is that NCCB sold NHPC shares that it was holding and NB Group bought them back. No confirmation.)
If you are a smart trader/speculator who could smell the rat and have courage of a climber to Everest, NHPC and NCCB may give you handsome capital gains. But, if you fail to speculate rightly, there are chances that you may fall flat on the road. Particularly, NHPC is more risky as you do not know its actual financial status before the AGM. May be, they will organize AGM this time on July 16, 2014.
 
The picture what I have presented above is simply my perception and understanding. You please read them with that angle in mind.