See limited downside in Swelect Energy, says Ashish Chugh, Investment Analyst & Author of Hidden Gems. It is almost debt free now. At the current price of Rs 140, the market cap is about Rs140 crore. It has got equity of about Rs 10 crore. After payment of dividend and taxes, it is left with cash and cash equivalent of close to Rs 500 crore.
first published: Jan 7, 2013 11:56 am
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