Now a days all are using smart gadget and all need faster data and voice services, this has created demand of faster internet speed like 3G, 4G , 5G etc. But conventional data transmission system cant bear such type of traffic and have limitation for delivering faster speed. So all this operator need to switch to replace their old system by Optical Fibre. Birla Ericsson is a Birla group co. incorporated in 1986 and manufacturing optical fibre and have got much experience to serve better product to the market. Alongwith exports, domestic demand is likely to boost its product demand and with the emphasize of our PM on digital india, demand likely to increase in our country also. Now all units are running on full capacity of the co.
The stock fell down from 86 to 65 , due to poor 2nd Qtr result. But looking to the future demand this stock is availalble with good price with expectation of 8 EPS for the current year and col will grow @25% CAGR for 3-4 years. The stock is good @ 62-64 for the medium to longer term.
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Disc : I have vested interest in this stock.
The stock fell down from 86 to 65 , due to poor 2nd Qtr result. But looking to the future demand this stock is availalble with good price with expectation of 8 EPS for the current year and col will grow @25% CAGR for 3-4 years. The stock is good @ 62-64 for the medium to longer term.
Company Website
Disc : I have vested interest in this stock.
Very Nice! The stock looks promising, it may reach new highs soon.
ReplyDeleteThank you sir.
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