Shilchar Technologies - Power & Distribution Transformers - Sunrise Sector?

Promoter has been selling recently. About 3% stake sold in open markets in October after the quarterly result freeze window opened.

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Alchemy Capital picks 0.78% stake in power and distribution transformers maker Shilchar Technologies

https://www.moneycontrol.com/news/business/markets/alchemy-capital-picks-0-78-stake-in-power-and-distribution-transformers-maker-shilchar-technologies-13626662.html

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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

Another round of selling by promoter, ~100 Cr cashed out.

Guys listen to concall, Its a cyclical sector. People who stuck at the top may not able to see profits for 3-4 years.