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HBL Power Systems

Discussion in 'Fundamental Analysis' started by bhat64, Dec 16, 2017.

  1. bhat64

    bhat64 Apprentice

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    Any views on HBL? I really liked their products and the battery segments industrial look d undervalued..their railway products looked niche to me..thoughts appreciated


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    bhat64, Dec 16, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    As of now I think we have missed the bus.
    • Debt Equity Ratio is slightly high but still we may have considered it because it isn't too high and Interest coverage is ok.
    • The issue is there is low growth for last 3, 5 and 10 years and so I think as of now it is overly hyped for EV thing. Let the dust settle.
    • Because of the recent run-up, the PE is very high
    But it is one stock that should be in the list for sure.
     
    shabbir, Dec 16, 2017
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  3. bhat64

    bhat64 Apprentice

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    I chanced upon this..on the 8 years weekly chart seems like HBL has made a cup and handle pattern waiting for the handle to break out..?? Offcourse from a technical standpoint


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    bhat64, Dec 17, 2017
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  4. shabbir

    shabbir Administrator Staff Member

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    True and it is more of a rounding bottom than cup and handle but yes they both aren't too different either.
     
    shabbir, Dec 17, 2017
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