Should I hold the shares of this company or book profit?
About: Company: IMP Powers Ltd.
Asked by vishnud dasharat, 30 Jun '07 06:05 pm
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hold this stock for lng term. its 18 months target is 600. this ia a june year ending copany. its fy 06 eps is 13. fy08 basuc eps is expected to be 20 due to its expansion plans. it is doubling its manufacturing capacity of transformers. with new plant and incressed capacity it can duble its production on one hand and on other hand production will be more cost efficient due to use of new machines. this company anufactures transformers used in power suppy and generation companies and also manufactures electric meters. due to huge boom in power sector in india as well as i many gulf and african countries the demand for transformers is hugely increasing. this huge demand will cotinue for next 10 years atleast. further in india the the existing old technology meters are now replaced in all states by new automatic digital meters. therefore demand for meters is also showing very high growth. if we cmpare imp powers with other companies which akes transformers then these are 1. voltramp 2. ...moreAnswered by ganesh sharma, 09 Sep '07 06:23 pm
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