Name: Latest research reports of ISGEC Heavy Engineering Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: ISGEC Heavy Engineering Ltd.
Rating: 5
Author: ICICI Securities Limited

ISGEC Heavy Engineering Ltd.

NSE: ISGEC | BSE: 533033 | ISIN: INE858B01029 | Industry: Industrial Machinery
| Mid-range Performer

1076.7000 -2.70 (-0.25%)

NSE Mar 25, 2025 15:31 PM

35.74% Fall from 52W High

Volume: 82,749

ISGEC Heavy Engineering Ltd.

14 Nov 2022

1076.70

-0.25%

Manufacturing performance improves, EPC to follow suit

Buy: ISGEC Heavy Engineering Ltd.

Target

ICICI Securities Limited

ISGEC Heavy Engineering’s (ISGEC) standalone revenue declined 1.2% YoY to Rs11.4bn (I-Sec: Rs12bn) in Q2FY23. Manufacturing segment revenue was robust at 31% whereas EPC revenue declined 11.5% YoY.

ISGEC Heavy Engineering Ltd. is trading below its 100 day SMA of 1238.5