InvestorQ : Is PTC looking a good buy after the latest Jun-20 quarter results?
prachi Patwardhan made post

Is PTC looking a good buy after the latest Jun-20 quarter results?

Answer
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1 month ago


PTC India reported net profits of Rs.67.67 crore for the Jun-20 quarter a growth of 7.81% on a YOY basis. PTC India also reported net sales down by 14.29% at Rs.4262.38 crore for the Jun-20 quarter. Operating pressures was visible as EBITDA was down 7.32% at Rs.105 crore.

PTC India shares trade at Rs.53.60 and the results surely make the stock more reasonably valued. It is in a segment of the power business where the business risks are quite low and profit margins can be relatively more assured.