India, Jan. 12 -- The shares of this micro cap company, which is majorly engaged in the manufacturing of a wide range of cables and conductors used in power transmission and distribution, were in focus after receiving a work order worth Rs.~20 Crore.
With the market capitalization of Rs. 462 Crores, the shares of JD Cables were trading at around Rs. 206 per share which is 16 percent less from its 52 weeks high of Rs. 247 per share and is trading at a P/E of 19.6 whereas industry P/E stands at 20
JD Cables has recently informed the stock exchange that it has been awarded a work order worth around Rs. 19.55 crore, for the manufacturing, testing, supply, and delivery of power cables. The contract has been given by domestic EPC contractors...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.