Sep 26, 2017

ARTSON ENGINEERING LTD. A Clear Cut View For Investors & Traders September 2017

CMP – 69

The first point in favour is that it is a wholly owned tata group subsicidiary with Tata Projects Ltd holding 75% and 25% with public.
Second point is that it is ruling at PE of below 10, while its most of peers are ruling around PE of 20. We believe, and as India is entering into altogether new era of growth where engineering EPC services will be definitely in lot of demand, ARTSON due to its patronage and experience will have a lot of work to do. It has small market cap of about 250 cr while topline of 100 crore. On the profitability and topline growth the company lacks attraction but due to a small about 4 crore equity, the stock price usually tend to fire up terrifically in case of big order win or spike in profitability or some corporate development. Company is not paying dividend, so don’t buy for dividend. 
TECHNICAL PICTURE: as you can see in the chart, the price has been gyrating between 20 and 100 for over last 20 years, we believe that Indian stock market has entered into new leg of upsurge and this stock can deserve a place in a long term owners portfolio who wishes to just strike gold at the same time remaining on the safe side as the most beneficial investment niche to buy in a good company at a good price is that if it falls you buy more and that too without fear in fact with pleasure, as you know that you are doing the right thing. This stock clearly belongs to the evid portfolio investor.

Subscribe to services for proper buy/sell, Stoploss, Target Levels and timely updates regarding actual trading in the recommended stocks. 
This is only a brief commentary; you can contact us for complete research, analysis and view on the stock.
Join one of our services for getting regular trading calls in all segments like equity stock cash intraday, positional, index options, index futures, stock futures, stock options and intraday and positional in all of the segments with high accurate less calls with small stoploss and bigger target with personalized service for tracking your profits/losses with us, that’s what we call assured profit services. 
This is only a brief of a full report. It is possible, that we have already given this stock recommendation to our clients, or will give it in future, and may exit/reenter as per deem fit to us, updates of which are not possible to give every time.
Research in stock market, about companies is subject to change on day to day basis due to news and developments etc.
Disclaimer: We or our clients may be holding positions in one or more or all of the stocks recommended by us.

Go check out our site for details or email us or call us for detailed discussion.
visit our website 


Post a Comment