16,035 cr Order book: Why Are FIIs Increasing Their Stake in This T&D Stock Despite Weak Earnings?
India, Aug. 20 -- The shares of this small cap company majorly engaged in engineering, procurement and construction projects which offers Designing, Engineering, Supply, manufacturing Railways, solar, and Pole & Lighting solutions, were in focus after the FII's has been increasing their stake for the last 2 quarters.
With the market capitalization of Rs. 6,166 Crores, the shares of Transrail Lighting Ltd were trading at around Rs. 459 per share which is x percent discount from its 52 week high of Rs. 823 per share and is trading at a P/E of 14.8 whereas industry P/E stands at 32.5
FIIs Raise Stake Despite Near-Term Earnings Pressure
Despite weak performance by Transrail Lighting in terms of its profits recently, FII interest in the c...
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