What Is Techno Electric & Engineering Company Limited’s (NSE:TECHNOE) Share Price Doing?
While Techno Electric & Engineering Company Limited (NSE:TECHNOE) might not have the largest market cap around , it led the NSEI gainers with a relatively large price hike in the past couple of weeks. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. As a ₹177b market-cap stock, it seems odd Techno Electric & Engineering is not more well-covered by analysts. However, this is not necessarily a bad thing given that there are less eyes on the stock to push it closer to fair value. Is there still an opportunity to buy? Let’s examine Techno Electric & Engineering’s valuation and outlook in more detail to determine if there’s still a bargain…
