Business: Bilpower Ltd 531590
1)Scripscan:Bilpower Ltd
cmp:170 Dt:
Code:531590
Story:Bilpower is engaged in the business of manufacturing laminations, stampings, ready-to-assemble cores for distribution transformers and transformer accessories.There is a good demand for the products of the company.It has been expanding capacilities,setting up plants and doing all the required stuff needed to catapult itself in the big league.The robust order book of transformer companies as well as the improving scenario of the power sector in India reflects the opportunities available to the company. The company is all set to capitalize on these opportunities through capacity expansion as well as other inorganic initiatives, as and when they become available.The company is quoting at lower single digit valuations which gives immense scope for PE expansion and capital appreciation in the days and months to come.Looking at the favorable scenario in the power sector in India as well as the future plans of the company, the stock looks under priced and could go up to Rs 200 in the next 6-9 months.
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