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Thursday 2 November 2017

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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