POWER MECH PROJECTS – Can It Again Powerup??


CMP – 336
MARKET CAP – 490 cr
BOOK VALUE – 562
52wk HIGH/LOW – 1175/306
5 Year HIGH/LOW – 1175/306
FACE VALUE – 10
DIVIDEND YIELD – 0.30%
FY20 EXPECTED EPS – 91

🔷️Company has an order book of 6700 cr as on as of 2019.

🔷️Stock has under Pressure for quite sometime.Strong Bounce back Expected.Breakdown below 318 & more pain below 305.Once 353 is closed can see Rebound till 380/400/550+.In Longterm can be a good bet.Valuation at at all time low.

Disc – All views expressed are personal and only for Educational and study purpose.consult your financial advisor before investing or taking any position based on above article. This in not any Buy/Sell Recommendation.Its purely for Educational purpose only.

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