IMP Powers Ltd. share price target and research reports

Name: Latest research reports of IMP Powers Ltd. authored by Rudra Shares and Stock Brokers Ltd and published by - Trendlyne research reports.
Item: IMP Powers Ltd.
Rating: 5
Author: Rudra Shares and Stock Brokers Ltd

Latest analyst research reports with target prices and PDF download for INDLMETER, BSE:517571 IMP Powers Ltd.

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IMP Powers Ltd.

15 May 2018

IMP Powers Ltd

Buy: IMP Powers Ltd.

Rudra Shares and Stock Brokers Ltd

IMP Power entered into a 20-year license agreement with "Smart Hydro Power GmbH", a German company. Through this license agreement, company has secured rights to manufacture turbines and exhibit Smart Free Stream and Smart Monofloat turbines under its brand name in India, Laos, Nepal, Bhutan, Sri Lanka and eastern Africa. Commencement of Hydro-Kinetic project IMP has successfully commissioned its Hydro-kinetic Project with a Break-Through Technology introduced first time in India at Neyveli Lignite Corporation, Tamil Nadu, India. This breakthrough technology doesn't require construction of dams and proven to be the best alternative for decentralized electrification along the rivers. This innovation will partly substitute conventional energy sources for sustainable development of country as it is cost-effective solution for India's growing energy...

Is IMP Powers Ltd. worth buying?

16 Votes:

Buy 68.75%

Sell 25.0%

Hold 6.25%