Techno Electric Share: Will its Dual Bet on Data Centres and Power Infra Fuel Long-Term Growth?
India, June 15 -- The shares of this small cap company majorly engaged in delivering EPC solutions across transmission, smart metering, FGD projects and many more were in focus after the brokerage sees 36 percent upside potential
With the market capitalization of Rs. 11,910 Crores, the shares of Techno Electric & Engineering Company Ltd were trading at around Rs. 1029 per share which is 37 percent discount from its 52 weeks high of Rs. 1655 per share and is trading at a P/E of 26.7 whereas industry P/E stands at 16.9
Brokerage View:
Nuvama has maintained a 'Buy' rating on Techno Electric & Engineering with a target price of Rs1,400 per share, implying an upside potential of about 36% from its current price of Rs. 1029 per share. While...
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