Maestros Electronics & Telecommunications Systems Ltd’s shares rose 20% after reporting 348% increase in profit for Q2 2023. Revenues grew 154% to Rs 10.08 crore. Profit was 131% higher than previous quarter. Shares traded at Rs 100 at 09.45 am on BSE.

Maestros Electronics shares surge by 20 per cent

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Maestros Electronics & Telecommunications Systems Ltd, located in Mumbai, India, manufacture electronic products.

Maestros Electronics & Telecommunications Systems Ltd

Maestros Electronics & Telecommunications Systems Ltd

Scorecard

News & Opinions

Maestros Electronics shares surge by 20 per cent