Stock to Buy: Stock market expert Sandeep Jain has chosen stocks for buying, which can give great profits in the short term.
Stock to Buy: To earn profits in the stock market, it is necessary to include such stocks in the portfolio, which can give bumper returns. In such a situation, money can be invested in the stocks on which stock market experts recommend buying.
However, it is also important to do your analysis on expert stocks. Stock market expert Sandeep Jain has chosen stocks for buying, which can give great profits in the short term. If you also want to take advantage of the boom in the market and include a stock in your portfolio that is a rain of profits, then you can bet on this stock to buy.
Market expert Sandeep Jain has chosen Power Mech Projects for buying and has given investors a target for the short term. Experts said that the company had recently presented its quarterly results. After which the purchase opinion has been given on this stock.
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Experts said that this stock has touched the level of 2400 and is now trading at the level of 1800. In such a situation, investing money in this stock can be a profitable deal. Experts said that it is one of the leading infrastructure companies in the country. This company has been working since 1999.
How are the company's fundamentals?
Experts said that the company has a workforce of 25000 people directly and indirectly. This company is working on 55 sites. The company's order book is worth Rs 18000,20000-15,5 crore. Experts said that this stock is cheaper at a PE multiple of 15. Sales growth of the last 17 years is <> percent and profit growth is also <> percent.
Experts said that the company has also reduced its debt recently. Talking about quarterly results, the company had earned a profit of Rs 2021 crore in December 33, while in December 2022, the company has earned a profit of Rs 51 crore. Promoters hold 65 per cent stake.
Disclaimer: Here is the advice given by brokerage house/expert. Consult your advisor before investing.