CMP: 16


DPSC today has closed above its 62% yearly Fibonacci Levels. Its also coupled with good amount of rise in volumes.

Fundamentally, it looks pretty decent for a stock in power sector. Debt of 237 Crores. Revenues have risen from 411 Crores to 687 Crores in the last 5 years. Profits have risen from 14 Crores to 29 Crores in the last 5 years.

This is a good entry level to buy for quick gains.