Techno electric has made a new 52 week high today. Fundamentally, the company has robust balance sheet with 1250cr cash balance (m. Cap 3500 cr).
As per mgmt commentary Q3 would be better in terms of revenue and margins and Q4 would have substantial topline growth.
Company is venturing into data center business to deploy it’s cash generated from EPC business.
Disc. Invested since sep 22 at around 275 levels
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