Electrotherm

Electrotherm is doing excellent in field of Furnaces and also have become involved in battery operated two wheeler and other segments. Sky is the limit in energy saving sector and it is also involved in steel sector. We hope the company expected December EPS TTM will be around 79 and this stock may achieve PE of of 7.5 and telectrotherm price may be around Rs.600/- in January end. Best buy at present cost.