Long term buy: This script has been consolidating for over 6 months now, but I think that phase is getting over now. It has good revenue visiblity and Q3 and Q4 will be much better than Q1 and Q2, in terms of top line and bottom line and EPS. Yearly performance for last 5 years has been consistent.
Buy McNally Bharat (NSE: MBECL, BSE: 532629) at 283 for a 1 year target of 360 (+27%). But you will need to be patient.
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