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 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Stock Synopsis
Message Icon Topic: Techno Electric Engg -- Powering ahead Post Reply Post New Topic
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hit2710
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Quote hit2710 Replybullet Posted: 18/Nov/2011 at 10:48pm
Originally posted by Rishant007

Hiteshbhai,
I see that you had recommended this stock way back in 2009.. I have recently joined the group and I see few days back you had again put the Techno information..

 

Am I correct to understand that you recommending the stock again at 200 levels for next couple of years?

 

Pls correct me if wrong


I think now the company is into all three fields namely transmission and distribution(project expected to be commissioned in dec 11), generation -- wind power, and EPC which has always remained its bread and butter business and should gain from management intention to participate in more T&D projects bcos the EPC work would come to techno only.

And if the company walks the talk then it could be a big wind energy force to reckon with.
Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.
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prudentinvestor
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Quote prudentinvestor Replybullet Posted: 18/Nov/2011 at 12:01pm
I had earlier invested in the larger sector leader ( for EPC and T&D) - Kalpataru Power which also has a healthy order book and caters to orders from Power Grid and other companies.

The fundamentals for the sector are a bit shaky at this moment, with rising input prices, execution delays etc.

For Techno, the big boost should come from Wind Power. The company is on track to commission its Phase I of wind power expansion by Q2FY12
and Phase II of 100 MW by 2012.

Given the current scenario I would rather take a wait and watch approach and invest in smaller proportions, if at all.

As Lynch says, the best stocks may be the ones you already own.
"All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out..” - Peter Lynch
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