Sinner Energy India Ltd closes
at ₹ 13.76 with a Gain
of + 1.2%
on 17-May -2018 with formation of
a Green Candle on Daily Price
Chart with huge Trading Volume.
Valuations :
Sinner Energy India Ltd is now Trading at 3.8 X of its Dec- 2017 earnings ( EPV Method ) . RoE is 5% while RoCE is 4% with Net Cash Per
Share at ₹ Nil. Its Enterprise Value Per share is ₹13.70
The cos is entering FinTech sector, We are
expecting that Sinner Energy India Ltd will grow at 30-35% in the next 60
months. As it is the Growth Stock, we have arrived at the Target Price of ₹ 60-75 in 24 Months time frame.
Disclaimer : We are / may going to take exposure
shortly.