Friends,
I have seen the results of High Energy Battery(code:504176) and looks extremly good.
The expenditure has come down from 9.2 cr to 7 cr on sales of 11cr and 10 cr respectively on year to year basis.
So the NP has jumped many folds.......this quater!Why the expenditure was less?....though lithium/copper and such commodities are going up?
The stock has a 52 week high of Rs 622 and low of Rs 145 and now at Rs 170 almost at 52 week low.....seems a good buy .....EPS for this qr (Mar) is 18!
Anyone knowing why the expenditure was less can write here......Readers will be enlightened......
Here is the site link: Explore yourself.....see results at bseindia as well.....
http://www.highenergyltd.com/
Rajeev
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