Mep infra Result Update and revised SL

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Dear Blog Readers 

We have recommended MEP infrastructure at 112 on 09/11/2017.  Stock made 116.70 high  after recommendation.  But due to bad result it fall down to 101 level. 

Result :-


  • MEP Infrastructure Developers Ltd. has reported financial results for the period ended September 30, 2017.
  • The company has reported net sales of Rs.438.09 crores during the period ended September 30, 2017 as compared to Rs.466.74 crores during the period ended September 30, 2016.
  • The company has posted net profit of Rs.6.54 crores for the period ended September 30, 2017 as against Rs.62.41 crores for the period ended September 30, 2016.
  • The company has reported EPS of Rs.0.40 for the period ended September 30, 2017 as compared to Rs.3.84 for the period ended September 30, 2016.
  • The company has reported net sales of Rs.859.82 crores during the 6 months period ended September 30, 2017 as compared to Rs.947.57 crores during the 6 months period ended September 30, 2016.
  • The company has posted net profit of Rs.39.06 crores for the 6 months period ended September 30, 2017 as against Rs.152.53 crores for the 6 months period ended September 30, 2016.
  • The company has reported EPS of Rs.1.20 for the 6 months period ended September 30, 2017 as compared to Rs.5.90 for the 6 months period ended September 30, 2016.


 I believe that stock can move up towards it's new 52 week high shortly,  one can accumulate this stock here for Targets of 150+, with SL of 90.

 Thanks 

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