There is a sudden spike in demand for Transformers. Expecting all Transformer companies to deliver awesome results this Quarter on account of this sudden jump in Order books of all Transformer manufacturers. Order book value is at all time high for few.
Companies to look for
1) TRIL (31.75₹) sleeping tiger
2) IMP Power (105₹) already big Breakout
3) Bharat Bijlee (1000₹) sleeping tiger
4) Voltamp (1148.05₹)
Short term traders can look at Bharat Bijlee and TRIL
Investors can look at Voltamp. Voltamp right now is at sweet spot and very small downside potential from here, as it's on strong 200Moving Average Support.
Fundamentally it has decent ratios among its peers. Top of it, Voltamp is debt free. For order books, Highest beneficiaries are Bharat Bijlee and TRIL. Voltamp may show subdued results this FY2018. Hence its low momentum in share price makes it unattractive for traders too.
Companies to look for
1) TRIL (31.75₹) sleeping tiger
2) IMP Power (105₹) already big Breakout
3) Bharat Bijlee (1000₹) sleeping tiger
4) Voltamp (1148.05₹)
Short term traders can look at Bharat Bijlee and TRIL
Investors can look at Voltamp. Voltamp right now is at sweet spot and very small downside potential from here, as it's on strong 200Moving Average Support.
Fundamentally it has decent ratios among its peers. Top of it, Voltamp is debt free. For order books, Highest beneficiaries are Bharat Bijlee and TRIL. Voltamp may show subdued results this FY2018. Hence its low momentum in share price makes it unattractive for traders too.
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