Pennar Industries Ltd (PENIND) is a diversified engineering company with a strong presence in the solar module mounting, railway projects, storage solutions, hydraulic cylinders, and auto components segments. The company has a long and successful track record, and it is well-positioned for future growth.
Key Financial Highlights
Face Value: ₹5.00 ROE: 16.14% EBIDT Last Year: ₹1,069.89 Cr ROIC: 23.32% Stock P/E: 8.68 Current Price: ₹67.50 52 Week High/Low: ₹131.90/₹49.65 Sales Growth 5Years: 14.34% Free Cash Flow Pledged Percentage: 173 cr date 28/11/2023 Return over 6months: 33.50% Key Strengths
Diversified product portfolio Strong track record of profitability Experienced management team Strong focus on innovation Investment Rationale
PENIND is a well-managed company with a strong track record of profitability. The company is well-positioned for future growth, driven by the growing demand for its products and services. PENIND is also trading at an attractive valuation, making it a compelling investment opportunity.
Risks
Economic slowdown Competition from new entrants Rising input costs Overall, PENIND is a strong company with a bright future. The company is well-positioned for future growth, and it is trading at an attractive valuation. Investors should consider adding PENIND to their portfolios.
Risq and Reward
Investing in any security involves a certain degree of risk. The potential for higher returns is often accompanied by a greater degree of risk. Investors should carefully consider their own risk tolerance before making any investment decisions.
Please note that past performance is not necessarily indicative of future results. The value of your investment could go down as well as up. Disclaimer:
Please note that I am not a SEBI-registered investment advisor, and this post should not be considered investment advice. I am not recommending that you buy or sell any securities. Before making any investment decisions, you should always consult with a qualified financial advisor.