Swelect Energy Systems Ltd closes at ₹136.70 with a Gain of +20.00 % on 21-Aug-2020
with formation of a Up-Tick on Daily Price
Chart.
About the
Company : Swelect Energy
Systems is engaged in the business of manufacturing and trading of Solar power
projects, off-grid solar photovoltaic modules, based on crystalline silicon
technology (c-Si), solar and wind power generation, contract manufacturing
services, installation and maintenance services, sale of Solar Photovoltaic
inverters and energy efficient lighting systems.
Swelect Energy Systems has posted Net Sales / Revenue of ₹252 Cr & Net Loss
of ₹7.00Cr in FY2020 .
June Quarter 2020 Results Update : The Company has posted
net sales of ₹63.24 with Operating Profit of ₹12.35 ( Operating
Profit margin is 19.55% ) and Net profit after tax (PAT) is₹ 11.45 Cr.The
company has reduced the interest burden along
with increasing OPM, which will be construe as a early signal of Turnaround.
Valuations : As
the company has posted Net Loss in FY 2020, we are unable to value the cos ( WE
follow EPV method for valuations of Company/ Equity ).
Although Best
Price at X1 EPV to Past Reference is ₹140.70.
Disclaimer : We are
/ may going to take exposure shortly.
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Data
Source | NSE Website | Screener.In | Capital Line |
Money Control |
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
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