Agree to everything you said. Except that “EPC business is very high ROE, which should give the company much higher multiple.”.
Comparable EPC company Powermech trades at a similar TTM multiple. There too, they have big targets in the coming years. I don’t think Techno will get a multiple rerating. Having said that, the stock is showing good accumulation and made an awesome comeback intraday today. Technically looks good
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