Techno Electric & Engineering Company Ltd. News and Updates

Name: Latest research reports of Techno Electric & Engineering Company Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Techno Electric & Engineering Company Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on Techno Electric & Engineering Company Ltd. from all sources in a single place.

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Techno Electric & Engineering Company Ltd.

19 Nov 2021

1278.20

-6.56%

Healthy margins offset revenue miss

Buy: Techno Electric & Engineer...

ICICI Securities Limited

Techno Electric & Engineering (TEEC) has reported 193bps YoY increase in margins to 31%, offsetting the subdued 6.4% YoY revenue growth to Rs2.7bn. Order intake is likely to pick up in H2FY22E led by FGD and Power Grid ordering.

Techno Electric & Engineering Company Ltd. is trading below all available SMAs

VOTE: Is Techno Electric & Engineering Company Ltd. worth buying?

46 Votes:

Buy 82.61%

Sell 4.35%

Hold 13.04%

29.85% Fall from 52W High

High volume+loss today

Techno Electric & Engineering Company Ltd. News and Updates

Keep track of all breaking news on Techno Electric & Engineering Company Ltd. from all sources in a single place.