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SFP RESEARCH

18th Feb · SEBI-Registered Analyst

Techno Electric & Engineering Company Ltd.

TECHNOE
is an EPC player in power transmission and distribution, specializing in high‑voltage substations and lines. ​ It also owns select wind power assets, giving some annuity‑style cash flows. ​ Strong balance sheet and bidding discipline help it maintain decent margins. ​ Risks are project lumpiness, delay in awards, and dependence on power‑sector capex. ​

#EquityResearch#Miscellaneous#WatchOutFor#FundamentalViews#TechnicalViews
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