Triveni Engg & KM Sugar

Pls advise both stock,can i invest

 

Any views about Triveni...I have heavy investment and would like to have your views. Not sure, if it will ever shoot up.

 

Iam speaking about TriveniTurbines (TRITURBINE)

 

Stock is good quality but heavy improvement in economy is required for demand of turbine to grow. That is why heavy engg stocks should be avoided. Better but light stocks which can improve with light growth in economy like DHFL, PNBHF, L&THF, etc.

 

Thanks Srouta. Yes, TriTurbuine had a huge delay in realizing Order's though the enquiry (potential orders) growth was still intact. Your comment nailed the big picture. If improves slightly, I will get out.

Can we enter DHFL, PNB HF and L&T HF at current prices. I beleive DHFL is still at good price for long term at PE less than 10.