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How sure are u abt EMCO dude??doesnt look strong at all technically..
Emco’s order backlog is close to Rs4.4bn (1.1x FY06 revenues)and has an additional pipeline of orders worth Rs3bn.Replacement of Trannsformers put up during 5th plan is being done.Set up of power plant to reduce cyclicality of business .are the 3 main triggers......so a fundamental call not cyclicalneway todays its quoting @ 552
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How sure are u abt EMCO dude??
doesnt look strong at all technically..
Emco’s order backlog is close to Rs4.4bn (1.1x FY06 revenues)
and has an additional pipeline of orders worth Rs3bn.
Replacement of Trannsformers put up during 5th plan is being done.
Set up of power plant to reduce cyclicality of business .
are the 3 main triggers......so a fundamental call not cyclical
neway todays its quoting @ 552
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