Risk factor
Very poor trading liquidity
Profitability factor
Very strong margins and returns
About
High Energy Batteries (India) Ltd. engages in the design, development, and manufacture of batteries for the army, navy, air force, launch vehicles, and auto and standby valve-regulated lead-acid (VRLA) applications. It operates through the Aerospace, Naval, and Power System Batteries; and Lead Acid Storage Batteries segments. The Aerospace, Naval, and Power System Batteries segment produces aircraft, torpedo, and missile batteries. The Lead Acid Storage Batteries segment includes ca-ca lead acid batteries for auto applications and VRLA for standby applications. The company was founded on September 27, 1961 and is headquartered in Chennai, India.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on E
