SKP Securities bullish on IMP Powers

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SKP Securities bullish on IMP Powers

SKP Securities is bullish on IMP Powers' future growth prospects.

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IMP Powers BSE | NSE 29/05/12 Are Mutual Funds betting on IMP Powers?

SKP Securities is bullish on IMP Powers ' future growth prospects.

SKP Securities' report on IMP Powers:

Net Sales has remained flat to Rs 307 million for the quarter ended June 2008. This is mainly due to decline of exports to Rs 17.97 million in the quarter as compared Rs 53 million in Q4 FY07. The rupee has appreciated against dollar and reached below Rs 40 in the previous year. Therefore, the company has concentrated more on domestic market. The current order book position of the company is Rs 1240 million out of which Rs 100 million comprises of export order, executable within the time frame of 5 months.

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