Update on Panchmahal Steel Ltd:
Yesterday PSL locked at UC with big big buyers at closing
DoW members are advised to buy even today. Presently PSL operating at only 30% capacity (strong performance in Q4). PSL targetting 80% utilisation by FY20 when topline can cross 1000 crores with disproportionate rise in margins
Current mktcap is tiny and GST will give big boost to PSL fortunes. As per our sources, co circles have been buying big time. *ICICI Bank had taken stake @105 per share*
REAL MULTIBAGGER IN MAKING
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