1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Action construction equipments ltd

Discussion in 'Technical Analysis' started by deepmukherjee123, Nov 23, 2017.

Tags:
  1. deepmukherjee123

    deepmukherjee123 Member

    Joined:
    Nov 22, 2017
    Messages:
    13
    Likes Received:
    9
    Occupation:
    Service
    Hello sir,
    Your view on Action construction equipments ltd plz?

    Positive : I see it is giving a good Dividend payout .
    Has got a cash flow of 71 cr

    Negative : poor sales growth
    Low return on equity.


    Your view sir plz
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    A Construction Equipments company at 62 PE and 5+ times book isn't worth considering for investment for sure. Dividend Yield is only 0.21% as per screener.