Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Techno Electric & Engineering Q2 Review - Healthy Margins Offset Revenue Miss: ICICI Securities

After the promoters of McLeod reach a settlement with a financial creditor, Techno Electric & Engineering, the company could be out of National Company Law Tribunal’s insolvency process.

McLeod Russel signs ICA with its banking lenders for debt recast

Bankers Of McLeod Russel Sign ICA For Resolution On Debt Recast

Earlier, NCLT, New Delhi, vide its order dated August 6, had admitted the insolvency application filed by Techno Electric & Engineering under Section 7 of the Insolvency and Bankruptcy Code (IBC). Under the provision, the bench had also appointed an interim resolution professional for McLeod.

McLeod Russel: NCLT allows withdrawal of CIRP after promoter-creditor settlement

The Kolkata-based listed company with more than 400 completed engineering procurement and construction (EPC) projects is looking to develop data centres backed by green energy.

Power infrastructure major Techno Electric plans $1 billion investment in data centers

Sources say Khaitans paid off a major part of a ₹100-cr loan from Techno Electric & Engg

McLeod Russel out of IBC after settling with financial creditor

Sources say offer has been made to P P Gupta of Techno Electric for a minority stake in the firm, who could chip in to help McLeod promoters bring in equity as per debt resolution

McLeod Russel steps out of insolvency after settlement with creditor

Techno Electric & Engineering Q1 Review - Healthy Margins Offset Revenue Miss: ICICI Securities

McLeod on Friday informed the bourses that NCLT Delhi admitted the application filed by Techno Electric & Engineering Company Limited against it under the Insolvency and Bankruptcy Code, 2016 (IBC)

NCLT clears way for bankruptcy proceedings against tea maker McLeod Russel

The bankruptcy proceedings were initiated by construction company Techno Electric and Engineering Company in 2019 over a default on interest payments towards a Rs 100-crore loan, according to a court order reviewed by ET.

NCLT admits tea producer McLeod Russel for bankruptcy proceedings

Techno Electric & Engineering Q4 Review - Healthy Cashflows, Promising Outlook: ICICI Securities

Techno Electric & Engineering Company Limited is a provider of engineering, procurement and construction (EPC) services to core sector industries in India.

Techno Electric & Engineering Company Ltd

Techno Electric & Engineering Company Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Techno Electric & Engineering Q2 Review - Healthy Margins Offset Revenue Miss: ICICI Securities

McLeod Russel signs ICA with its banking lenders for debt recast

Bankers Of McLeod Russel Sign ICA For Resolution On Debt Recast

McLeod Russel: NCLT allows withdrawal of CIRP after promoter-creditor settlement

Power infrastructure major Techno Electric plans $1 billion investment in data centers

McLeod Russel out of IBC after settling with financial creditor

McLeod Russel steps out of insolvency after settlement with creditor

Techno Electric & Engineering Company Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Techno Electric & Engineering Q2 Review - Healthy Margins Offset Revenue Miss: ICICI Securities

McLeod Russel signs ICA with its banking lenders for debt recast

Bankers Of McLeod Russel Sign ICA For Resolution On Debt Recast

McLeod Russel: NCLT allows withdrawal of CIRP after promoter-creditor settlement

Power infrastructure major Techno Electric plans $1 billion investment in data centers

McLeod Russel out of IBC after settling with financial creditor

McLeod Russel steps out of insolvency after settlement with creditor

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock