Promoter has been selling recently. About 3% stake sold in open markets in October after the quarterly result freeze window opened.
1 Like
Alchemy Capital picks 0.78% stake in power and distribution transformers maker Shilchar Technologies
4 Likes
Just an estimate
Assuming market will give a PE of 35-40 at max to Shilchar till new capacity kicks in.
We should see sidewise movement in Shilchar for next 1 year atleast.
Lets see how things pan out
