RE: Rupee vs GBP3 Sep 2013 20:09
The weakness of the Rupee against the dollar and sterling has indeed had quite an effect on OPG as it collects it revenue in Rupees but reports in GBP. That said, we have a lot more Capacity coming on stream next year so whatever happens to the Rupee in the short term, this is a good long term investment in my opinion.
Personally I would not invest in OPG for short term gains, this is surely a long term investment. The big plus point is that OPG is fully funded and all plants under construction are fully funded, so there won't be any dilution by the issung of more shares to fund them. I consider OPG to be a great long term hold.