The concept of patel engineering impacted by a rate cut or otherwise is really immaterial. They have 4600 crore debt a 0.25 percent cut would have given at best 10 crore interest saving. The real kicker is when 1800 crores come in the first tranch that will wipe out 200 crores from the interest
about 28 min ago
europe market 1.5% up.. engineers india strong volumes 5% long side positions.. nothing to do with interest rate... recommended in dalal street magazine.... all positives for engineers india heading towards new 52 week high.... keep 293 as stop loss and buy engineers india as btst....
about 50 min 34 sec ago
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