As per views of stock market analysts, investors can buy Jaiprakash Hydro-Power at Rs 128 with strict stop loss of Rs 126. This is an intraday call, and the target for the day is Rs 137.

This is the best time to go with stock, as it has seen decent rise from last few trading sessions.

Yesterday (27 Dec), the stock of the company marked its closure at Rs 126 on National Stock Exchange. The total volume of share traded was 14281951.

The stock of the company has touched 52-week high of Rs 135 on National Stock Exchange. The intraday highs of the stock stood at Rs 129 with a low of Rs 125.

The activity of Jaiprakash Hydro-Power is to generate hydro electric power. The power plant is situated in Kinnaur district in Himachal Pradesh.

With its path breaking projects and robust efforts, the company has introduced many new techniques in the field.

Based on current results, the stock of the company is trading at a P/E of 28 and offers an earning per share of 4.65.

The company has earned a net profit of Rs 199crore for year ending March 2007 and Rs 127 for quarter ending September 2007.

Investors can also take look on NTPC, Power Grid Corp, Reliance Energy, Neyveli Lignite and Tata Power for future gains.