TARIL Shares Have Fallen 58%: Here's What It Will Take for the Stock to Make a Comeback
India, Sept. 28 -- The article outlines the factors that are weighing on the stock and what factor might turn it back around for the company, which is a prominent Indian manufacturer specializing in high-voltage power, furnace, rectifier, and specialty transformers
With a market capitalization of Rs 8,121 crore, Transformers & Rectifiers India Ltd'sshare closed at Rs 271 per share, down by 2.71 percent from its previous close. The stock of the company gave a negative return of 45 percent over the last year.
The share of the company has fallen around 58.57 percent from its all-time high of Rs 648.90 per share, as the stock trades at an undervalued P/E ratio of 31.5x compared to the industry average of 34.1x.
About the Company
Transfor...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.