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Monday, 9 October 2017

Important Update:

PANCHMAHAL STEEL LTD

PSL has *SURPLUS* land. _Conservative market value of same is estimated to be TWICE of co's mktcap_

Presently plant operating at just 30% capacity. With higher demand post GST, PSL targeting to enhance it's sales by 50% next year, PSL can report EPS of 12.

Recently got ISO18001 which will enable exports to Europe

*Most undervalued specialty steel stock TP 150*

We expect big corporate action in 2018. As and when it happens, then PSL will be strongly rerated, will come on radar of brokerage houses and  CAN BE 300+ in 2-3 years from now

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