Important Update:
PANCHMAHAL STEEL LTD:
PSL has *SURPLUS* land. _Conservative market value of same is estimated to be MORE than 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* by 2018-end.
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
Stock recommended for genuine investors with patience and not for traders
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