Buy Techno Electric & Engineering Company, target Rs 445 : Centrum Broking
Buy Techno Electric & Engineering Company Ltd. at a price target of Rs 445. The company's debt-equity is among the lowest in the industry.
By ET Bureau | Updated:
Centrum Broking has Buy call on Techno Electric & Engineering Company Ltd. with a target price of Rs 445 .The current market price of Techno Electric & Engineering Company Ltd. is Rs 305.6 Time period given by analyst is year when Techno Electric & Engineering Company Ltd. price can reach defined target.'
Centrum Broking's inference of average RoE of 35% and RoCE of 86% in the EPC business. The company's debt-equity is among the lowest in the industry . Its strong niche in substation EPC works and ability to compete with large MNCs has helped the company win contracts and deliver on profitability and growth.
Centrum Broking's inference of average RoE of 35% and RoCE of 86% in the EPC business. The company's debt-equity is among the lowest in the industry . Its strong niche in substation EPC works and ability to compete with large MNCs has helped the company win contracts and deliver on profitability and growth.
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