Buy Sunil Hitech Engineers Ltd:

Buy Sunil Hitech Engineers Ltd:
Sunil Hitech Engineers Ltd provides erection of power plants. The power sector is booming and having more &
more investment from Govt. & private. Sunil Hitech has recently forayed into the steel sector plant erection
also. Sunil Hitech has strong order book of about Rs. 720 cr.

Sunil Hitech’s net revenues for H1FY08 jumped by 83.4% to Rs. 114.84 vs Rs. 62.62 cr in
H1FY07. Its EBITDA for the half year jumped 176.8% to Rs. 19.54 and the EPS was up
213.4% at Rs. 8.65 vs Rs. 2.76 in H1FY07 on equity of 10.03 cr.

Sunil Hitech is a good buy at the current levels because 50% upside can be expected in one year.

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