Monday, April 15, 2019

Gujarat Industries Power Co Ltd : A Turnaround Story

GIPCL is now Trading at Rs.75.50 & will be a good turnaround play after posting loses in Sep-18 Quater.Cos. is expected to post Rs.259.7Cr profit in FY2018-19.On Valuations front, it is now Trading at X0.33 of 2018-19 earnings. Its Best Price at X1 EPV to Past Reference comes ~Rs.103.50
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The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

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