TECHNO ELECTRIC Research Report By HDFC Sec

Tagged: HDFC Securities, Techno Electric

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December 24, 2014 at 9:23 pm #1469

Vidhi Khanna
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We feel Techno could be one of the major beneficiaries of the pick-up in the EPC demand in the power sector. Investors could look to buy the stock at CMP and average at band of Rs 325 –Rs 340 (11.5-12x FY16E) for sequential targets of Rs 425 and Rs 467 (15xFY16E EPS – 16.5xFY16E EPS) in the next 2-3 quarters.

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