Transformer Stock Attracts Investor Attention with 45% ROCE, 96% Profit Growth and Strong Order Book
India, July 24 -- Power infrastructure spending across India continues to throw up interesting bets for investors tracking the capital goods space. Among them is a Gujarat-based transformer manufacturer that has quietly built a three-decade track record before going public last year. Its latest quarterly numbers and expanding order pipeline suggest the growth story may still be in its early innings.
Shares of Atlanta Electricals Limited, with a market capitalization of Rs.12,188 Crore, closed at Rs.1,589.8 i.e. around 3.19% above its previous closing price of Rs.1,540.6. It trades at a P/E ratio of 47.65.
Strong Order Book Signals Revenue Visibility
Atlanta Electricals Limited is a Gujarat-based manufacturer of power, auto, inverter du...
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