Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
| Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
|---|---|---|---|---|---|
| Count | 0 | 0 | 0 | 0 | 0 |
| % | 0 | 0 | 0 | 0 | 0 |
[Dilip Davda] CEL is engaged in the manufacturing and marketing of power related products that are sold on B2B models. It also provides powertrain components for 2-3-4 wheeler EVS industry and markets it under own brand called” CLN Energy”. It posted decline in bottom lines for FY23 following exception provisions on account of fire incident. Super Earnings post FY24 raises eyebrows and sustainability over its sustainability. Based on recent earnings, the issue appears fully priced. Well-informed investors may park funds for long term. Read detail review...
CLN Energy Limited peer comparison with similar listed entities. (As on March 28, 2024)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| CLN Energy Limited | 12.78 | 12.78 | 39.28 | 19.57 | 73.19 | 6.41 | |
| Eveready Industries India Ltd. | 9.18 | 9.18 | 53.21 | 41.57 | 17.26 | 7.19 | Consolidated |
| Panasonic Energy India Company Ltd. | 15.52 | 15.52 | 137.03 | 29.01 | 11.33 | 3.28 | Consolidated |
| High Energy Batteries (india) Ltd. | 19.14 | 19.14 | 97.84 | 31.94 | 19.56 | 6.3 | Consolidated |
| Indo National Limited | 12.83 | 12.83 | 314.91 | 42.87 | 6.2 | 1.75 | Consolidated |
Notes:
CLN Energy IPO Reviews, analysis and views by popular members. Read CLN Energy Ltd. IPO reviews by retail investors to find recommended ipo to buy.
| Review By | Apply | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Count | 0 | 0 | 0 | 0 |
| % | 0.00 | 0.00 | 0.00 | 0.00 |
| Member | Review |
|---|---|
| No recommendation found. Be the first to post the recommendation. | |
Note:
RHP