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BSEJan 15, 2021 03:31 PM
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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2017-02-14||Panasonic Energy Ind.. +||Axis Direct||285.00||340.00||285.00 (-13.25%)||Target met||Buy|
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..