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14 Feb 2017
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Panasonic Energy
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Axis Direct
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344.45
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340.00
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285.00
(20.86%)
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Target met |
Buy
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Panasonic Energy India Ltd (PEICL) in its 3QFY17 posted de-growth in its revenue by 16% YoY to Rs 54 Cr, major reason being adverse impact on demand due to demonetization, and also cheap imports from China. EBITDA margin contracted from 10.8% in Q3FY16 to 1.3% in Q3FY17 on account of increase in raw..
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