Vascon Engineers Ltd.

*Vascon Engineers Ltd.*

RB Formation on Yearly Basis.
Price BreakOut Sustained.
Vol. BuiltUp Gaining Traction.

RSI: On 65+ / 78+ Territory in 1H, D/W/M Basis.

Trail SL with Upside.
Book Profit as Risk Appetite.

Vintage: 37 Yrs. Order Book to be Monitored.
PE at 15.7 vs. 31.4 (Inds).
Sales / Profitability: Growing On Qtrly/Yrly Basis. Q1-FY24: Lower Sales / Profits.
Improving Leverage: Decline in Debt, Increase in TNW. Substantial C&CE.
+ve CF from Ops. Improving WC Cycle.
Stable Promoters Stake. Increasing FII / DIO Stake.
Improving RoA/RoE/RoCE: Yrly Basis

Do Your Own Research as well. This is an Opinion.
Happy Investing 😇