POWER MECH PROJECTS Latest Share Price (POWERMECH)
TODAY IN ONE LINE
POWERMECH rose 1.8% on light volume, outperforming Nifty's -0.3% move.
With a market cap of ₹7,666.95 Cr., it trades at a P/E of 19.60. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
POWER MECH PROJECTS flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Earnings GrowthEPS (TTM) grew by a solid 21.6% YoY
- ●High Promoter HoldingPromoters hold 58.4% skin-in-the-game
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.20x
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Sales ContractionQuarterly sales dropped 29.3% YoY
- ●Rising Receivables vs SalesReceivables grew 33.2% outpacing sales growth of 24.4%
Latest POWER MECH PROJECTS News
What changed recently?
Recent events, corporate actions, and announcements.
POWER MECH PROJECTS valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for POWER MECH PROJECTS, framed against the sector median so the premium or discount is obvious at a glance.
POWER MECH PROJECTS trades at a P/E of 19.60× and P/B of 3.04×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
POWER MECH PROJECTS technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for POWER MECH PROJECTS — derived from the latest tape, not yesterday's close.
POWER MECH PROJECTS last traded at ₹2,421.3 with an intraday range of ₹2,332.6–₹2,435 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹2421.30| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 2664.80 | +243.50 | +10.06% |
| R3 | 2562.40 | +141.10 | +5.83% |
| R2 | 2498.70 | +77.40 | +3.20% |
| R1 | 2460.00 | +38.70 | +1.60% |
| PIVOT | 2396.30 | -25.00 | -1.03% |
| CURRENT | 2421.30 | — | — |
| S1 | 2357.60 | -63.70 | -2.63% |
| S2 | 2293.90 | -127.40 | -5.26% |
| S3 | 2255.20 | -166.10 | -6.86% |
| S4 | 2152.80 | -268.50 | -11.09% |
POWERMECH is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹2332.9–₹2369.8
Trading Inside opening range
POWER MECH PROJECTS financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for POWER MECH PROJECTS — consolidated or standalone — with margins, YoY growth and key ratios inline.
POWER MECH PROJECTS reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹7,666.95 Cr. and reported EPS of ₹30.26.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 5,234 | 6,062 ▲ 15.8% |
| Sales Growth YoY %Derived | 24.43% | 15.81% |
| Other Income | 45 | 46 ▲ 1.5% |
| Total Income | 5,279 | 6,107 ▲ 15.7% |
| 802 | 869 ▲ 8.3% | |
| Gross ProfitDerived | 4,432 | 5,193 ▲ 17.2% |
| Gross Margin %Derived | 84.67% | 85.66% |
| 3,831 | 4,488 ▲ 17.2% | |
| EBITDA (Operating Profit)Derived | 601 | 705 ▲ 17.2% |
| OPM %Derived | 11.49% | 11.62% |
| 155 | 190 ▲ 22.6% | |
| Profit Before Tax (PBT) | 491 | 560 ▲ 14.0% |
| 144 | 146 ▲ 1.5% | |
| Effective Tax %Derived | 29.25% | 26.03% |
| Total Profit for Period | 348 | 412 ▲ 18.5% |
| Less: Non-controlling Interests | 21 | 48 ▲ 126.3% |
| Net Profit (Owner's PAT)Derived | 326 | 364 ▲ 11.5% |
| Net Profit Margin %Derived | 6.24% | 6.00% |
| PAT Growth YoY %Derived | 31.49% | 11.49% |
| Earnings Per Share (EPS ₹) | 103.26 | 115.12 ▲ 11.5% |
| Diluted Shares Outstanding (Cr) | 3 | 3 ▲ 0.0% |
| Share of Profit from Associates/JVs | — | -3 |
| Other Comprehensive Income (Net of Tax) | -1 | -2 ▼ 6.0% |
| Total Expenses (incl. D&A & Interest) | 4,788 | 5,547 ▲ 15.9% |
| Material Cost % of RevenueDerived | 15.63% | 14.34% |
| Employee Cost % of RevenueDerived | 12.67% | 12.46% |
| Other Cost % of RevenueDerived | 60.51% | 61.58% |
| Interest Coverage (x)Derived | 5.50x | 5.45x |
| Period | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,548 | 2,261 ▲ 46.1% | 2,165 ▼ 4.3% | 1,884 ▼ 13.0% | 2,710 ▲ 43.9% | 3,601 ▲ 32.9% | 4,207 ▲ 16.8% | 5,234 ▲ 24.4% | 6,062 ▲ 15.8% | |
| Sales Growth YoY %Derived | — | 46.09% | -4.27% | -12.96% | 43.86% | 32.86% | 16.81% | 24.43% | 15.81% | |
| Other Income | 7 | 14 ▲ 110.4% | 9 ▼ 33.9% | 16 ▲ 74.9% | 17 ▲ 6.0% | 17 ▼ 1.8% | 28 ▲ 63.2% | 45 ▲ 62.2% | 46 ▲ 1.5% | |
| Total Income | 1,555 | 2,275 ▲ 46.4% | 2,174 ▼ 4.5% | 1,900 ▼ 12.6% | 2,728 ▲ 43.5% | 3,618 ▲ 32.6% | 4,234 ▲ 17.0% | 5,279 ▲ 24.7% | 6,107 ▲ 15.7% | |
188 | 330 ▲ 75.4% | 311 ▼ 5.7% | 270 ▼ 13.1% | 334 ▲ 23.7% | 519 ▲ 55.4% | 625 ▲ 20.4% | 802 ▲ 28.3% | 869 ▲ 8.3% | ||
| Gross ProfitDerived | 1,360 | 1,932 ▲ 42.0% | 1,854 ▼ 4.0% | 1,614 ▼ 12.9% | 2,376 ▲ 47.2% | 3,082 ▲ 29.7% | 3,581 ▲ 16.2% | 4,432 ▲ 23.8% | 5,193 ▲ 17.2% | |
| Gross Margin %Derived | 87.86% | 85.43% | 85.64% | 85.66% | 87.67% | 85.58% | 85.13% | 84.67% | 85.66% | |
1,158 | 1,641 ▲ 41.8% | 1,583 ▼ 3.5% | 1,572 ▼ 0.7% | 2,090 ▲ 33.0% | 2,678 ▲ 28.1% | 3,085 ▲ 15.2% | 3,831 ▲ 24.2% | 4,488 ▲ 17.2% | ||
| EBITDA (Operating Profit)Derived | 202 | 291 ▲ 43.7% | 271 ▼ 6.9% | 42 ▼ 84.5% | 286 ▲ 583.0% | 404 ▲ 41.1% | 496 ▲ 22.9% | 601 ▲ 21.2% | 705 ▲ 17.2% | |
| OPM %Derived | 13.07% | 12.86% | 12.51% | 2.22% | 10.55% | 11.21% | 11.79% | 11.49% | 11.62% | |
79 | 101 ▲ 28.1% | 113 ▲ 12.5% | 115 ▲ 1.4% | 116 ▲ 1.2% | 132 ▲ 13.8% | 138 ▲ 4.2% | 155 ▲ 12.4% | 190 ▲ 22.6% | ||
| Profit Before Tax (PBT) | 130 | 204 ▲ 56.6% | 167 ▼ 18.3% | -57 ▼ 134.1% | 187 ▲ 429.1% | 288 ▲ 54.1% | 386 ▲ 33.9% | 491 ▲ 27.3% | 560 ▲ 14.0% | |
39 | 62 ▲ 59.0% | 37 ▼ 39.9% | -11 ▼ 130.3% | 46 ▲ 507.5% | 73 ▲ 57.3% | 134 ▲ 83.9% | 144 ▲ 7.6% | 146 ▲ 1.5% | ||
| Effective Tax %Derived | 30.11% | 30.57% | 22.48% | 19.95% | 24.70% | 25.22% | 34.63% | 29.25% | 26.03% | |
| Total Profit for Period | 91 | 143 ▲ 57.7% | 131 ▼ 8.7% | -49 ▼ 137.1% | 139 ▲ 385.2% | 207 ▲ 49.7% | 249 ▲ 20.0% | 348 ▲ 39.7% | 412 ▲ 18.5% | |
| Less: Non-controlling Interests | — | 22 | -1 ▼ 102.7% | -3 ▼ 415.5% | -1 ▲ 83.1% | -2 ▼ 257.6% | 0 ▲ 122.3% | 21 ▲ 5167.5% | 48 ▲ 126.3% | |
| Net Profit (Owner's PAT)Derived | 91 | 122 ▲ 33.9% | 131 ▲ 8.0% | -46 ▼ 134.7% | 139 ▲ 404.9% | 209 ▲ 50.4% | 248 ▲ 18.7% | 326 ▲ 31.5% | 364 ▲ 11.5% | |
| Net Profit Margin %Derived | 5.87% | 5.38% | 6.07% | -2.42% | 5.13% | 5.81% | 5.90% | 6.24% | 6.00% | |
| PAT Growth YoY %Derived | — | 33.94% | 7.96% | -134.72% | 404.86% | 50.44% | 18.74% | 31.49% | 11.49% | |
| Earnings Per Share (EPS ₹) | 30.87 | 41.34 ▲ 33.9% | 44.64 ▲ 8.0% | -15.50 ▼ 134.7% | 47.24 ▲ 404.8% | 70.14 ▲ 48.5% | 78.54 ▲ 12.0% | 103.26 ▲ 31.5% | 115.12 ▲ 11.5% | |
| Diluted Shares Outstanding (Cr) | 3 | 3 ▲ 0.0% | 3 ▲ 0.0% | 3 ▲ 0.0% | 3 ▲ 0.0% | 3 ▲ 1.3% | 3 ▲ 6.0% | 3 ▲ 0.0% | 3 ▲ 0.0% | |
| Share of Profit from Associates/JVs | -0 | 2 ▲ 757.1% | 2 ▲ 2.5% | -3 ▼ 296.9% | -2 ▲ 26.5% | -8 ▼ 258.0% | -4 ▲ 56.5% | — ▲ 100.0% | -3 | |
| Other Comprehensive Income (Net of Tax) | -0 | 2 ▲ 5880.0% | 3 ▲ 37.3% | 1 ▼ 74.8% | -0 ▼ 168.7% | 0 ▲ 148.4% | -27 ▼ 11550.6% | -1 ▲ 94.4% | -2 ▼ 6.0% | |
| Total Expenses (incl. D&A & Interest) | 1,424 | 2,071 ▲ 45.4% | 2,007 ▼ 3.1% | 1,957 ▼ 2.5% | 2,541 ▲ 29.8% | 3,330 ▲ 31.1% | 3,849 ▲ 15.6% | 4,788 ▲ 24.4% | 5,547 ▲ 15.9% | |
| Material Cost % of RevenueDerived | 12.69% | 14.43% | 14.96% | 14.01% | 12.40% | 14.89% | 14.78% | 15.63% | 14.34% | |
| Employee Cost % of RevenueDerived | 20.17% | 17.39% | 15.00% | 17.10% | 15.61% | 15.07% | 13.62% | 12.67% | 12.46% | |
| Other Cost % of RevenueDerived | 54.62% | 55.18% | 58.13% | 66.33% | 61.51% | 59.30% | 59.73% | 60.51% | 61.58% | |
| Interest Coverage (x)Derived | 4.44x | 4.45x | 3.12x | 0.08x | 3.13x | 4.03x | 4.81x | 5.50x | 5.45x |
POWER MECH PROJECTS segment analysis : revenue and profit mix.
Disclosed business segments at POWER MECH PROJECTS with their share of revenue and profit, switchable between consolidated and standalone reporting.
POWER MECH PROJECTS discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for POWER MECH PROJECTS.
Our AI distills the core fundamental drivers supporting POWER MECH PROJECTS, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
POWER MECH PROJECTS's investment case rests on 0 positive markers and 1 flagged concerns drawn from the latest reported filings.
What you're getting.
No strengths or opportunities on record.
Key Risks.
SWOT generation temporarily unavailable due to model error. The security token included in the request is invalid.
Flip Conditions.
Valuation risk. a P/E above 25 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
POWER MECH PROJECTS peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — POWER MECH PROJECTS is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
POWER MECH PROJECTS chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for POWER MECH PROJECTS — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
POWER MECH PROJECTS delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for POWER MECH PROJECTS over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in POWER MECH PROJECTS stood at 43.9% of traded volume, against a 20-day average of 48.4%.
POWER MECH PROJECTS announcements: results, concalls, ratings, M&A.
Filings POWER MECH PROJECTS sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
POWER MECH PROJECTS files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 133 documents below.
Bagging/Receiving of orders/contracts
Power Mech Projects Limited has informed the Exchange about Receiving of orders/contracts
Retirement
Power Mech Projects Limited has informed the Exchange about Retirement of Mr. Vivek Paranjpe as Independent Director upon completion of tenure
Copy of Newspaper Publication
Power Mech Projects Limited has informed the Exchange about Copy of Newspaper Publication
Record Date
Power Mech Projects Limited has informed the Exchange that Record date for the purpose of Dividend is 10-Sep-2026.
Updates
Power Mech Projects Limited has informed the Exchange regarding 'Date of 27th Annual General Meeting (AGM), Record date and e-voting, Book closure…
Investor decks & rating reports.
POWER MECH PROJECTS dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue POWER MECH PROJECTS has declared, sequenced by announce and record date.
POWER MECH PROJECTS corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
POWER MECH PROJECTS insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in POWER MECH PROJECTS as reported to SEBI — buying and selling signals from the people who know the business best.
POWER MECH PROJECTS insider activity below tracks 17 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| POWER MECH INFRA PRIVATE LIMITED | Insider | 30 Mar 2026 | buy | +28.0 K | ₹4.92 Cr. | ₹1,755.69 |
| POWER MECH INFRA PRIVATE LIMITED | Insider | 30 Mar 2026 | buy | +28.0 K | ₹4.92 Cr. | ₹1,755.69 |
| POWER MECH INFRA PRIVATE LIMITED | Insider | 30 Mar 2026 | buy | +28.0 K | ₹4.92 Cr. | ₹1,755.69 |
| POWER MECH INFRA PRIVATE LIMITED | Insider | 30 Mar 2026 | buy | +28.0 K | ₹4.92 Cr. | ₹1,755.69 |
| POWER MECH INFRA PRIVATE LIMITED | Insider | 30 Mar 2026 | buy | +28.0 K | ₹4.92 Cr. | ₹1,755.69 |
| POWER MECH INFRA PRIVATE LIMITED | Insider | 30 Mar 2026 | buy | +28.0 K | ₹4.92 Cr. | ₹1,755.69 |
| M. Rajiv Kumar | Insider | 19 Mar 2026 | buy | +500 | ₹10.92 L | ₹2,184.83 |
| M. Rajiv Kumar | Insider | 19 Mar 2026 | buy | +500 | ₹10.92 L | ₹2,184.83 |
| M. Rajiv Kumar | Insider | 19 Mar 2026 | buy | +500 | ₹10.92 L | ₹2,184.83 |
| M. Rajiv Kumar | Insider | 19 Mar 2026 | buy | +500 | ₹10.92 L | ₹2,184.83 |
About POWER MECH PROJECTS: business, sector, key facts.
What POWER MECH PROJECTS does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
POWER MECH PROJECTS operates in the Civil Construction industry under the Construction sector, listed as NSE: POWERMECH, BSE: 539302.
Power Mech Projects Limited (PMPL) is a multifaceted Indian company specializing in power and infrastructure services, both domestically and internationally. Their core competency lies in the execution of projects across various stages, from initial design and engineering to construction, operation, and maintenance.
A significant portion of PMPL's business involves the power sector. This includes the installation, testing, and commissioning of crucial power generation components such as boilers, turbines, and generators. They also handle the "balance of plant" work, encompassing all auxiliary systems and infrastructure required for a power plant to function efficiently. Beyond new construction, PMPL provides comprehensive services for existing plants, including operation and maintenance, overhauling, rehabilitation, and modernization. Their capabilities extend to the fabrication of various components for these power plants, such as high-capacity pumps and spare parts.
PMPL's expertise extends beyond power generation to encompass a wide range of infrastructure projects. This includes substantial civil works, such as foundations, roads, railways, and buildings. The company also designs and engineers essential infrastructure elements including transmission lines, substations, railway overhead electrification, and distribution networks. They undertake projects in diverse sectors including hydrocarbons, oil and gas, and steel, showcasing adaptability and a broad portfolio of capabilities.
Further demonstrating their comprehensive approach, PMPL undertakes environmental and resource management projects. This includes the construction of sewage and water treatment plants, involvement in mining operations (including exploration, development, and operation), and the recycling of waste materials. Their mining activities encompass sand mining and the extraction of riverbed minerals. The company also provides support services such as repair shops, laboratories, and residential quarters for its projects. Finally, PMPL offers software development and support services, rounding out their technological capabilities.
In summary, Power Mech Projects Limited operates as an integrated service provider across diverse sectors. Their strength lies in their ability to manage all phases of a project lifecycle, from initial planning and design to execution, maintenance, and ultimately, the decommissioning of infrastructure assets. Their geographically diverse operations and varied service offerings position them as a significant player in India's infrastructure development.
Related
Peers, sector trends, screeners and strategy playbooks contextual to this stock.
- AHLUWALIA CONT IND (AHLUCONT) Share PricePeer
- ASHOKA BUILDCON (ASHOKA) Share PricePeer
- BGRENERGY (BGRENERGY) Share PricePeer
- BLKASHYAP & SON (BLKASHYAP) Share PricePeer
- BHARAT ROAD NETWORK (BRNL) Share PricePeer
- Top Gainers TodayScreener
- EMA Crossover ScreenerScreener
- Stock Quality ScorecardScreener
- Technical DashboardScreener
- Results CalendarScreener
- FII Buying ActivityScreener
- All Technical ScreenersScreener
- All Trading StrategiesStrategy
Questions investors ask about POWER MECH PROJECTS (POWERMECH).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of POWER MECH PROJECTS (POWERMECH)?
The current share price of POWER MECH PROJECTS (POWERMECH) is ₹2,421.30. Today, the stock has gained by ₹41.90 (1.76%), trading in a range of ₹2,332.60 to ₹2,435.00. The stock opened at ₹2,365.00 with a trading volume of 38,776 shares.
02Is POWER MECH PROJECTS stock a good investment for long-term?
POWER MECH PROJECTS can be considered for long-term investment based on several factors. The company has a market capitalization of ₹7,666.95 Cr., P/E ratio of 19.6, ROE of 12.46%, and ROCE of 13.23%. The dividend yield stands at 0.11%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of POWER MECH PROJECTS stock?
The 52-week high price of POWER MECH PROJECTS (POWERMECH) is ₹3,125.00, while the 52-week low is ₹1,717.70. Currently trading at ₹2,421.30, the stock is 40.96% above its 52-week low and 22.52% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy POWER MECH PROJECTS stock at the current price?
Whether to buy POWER MECH PROJECTS stock at ₹2,421.30 depends on multiple factors. The stock is currently trading with a P/E ratio of 19.6 and P/B ratio of 3.04. Today's performance shows a gain of 1.76%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of POWER MECH PROJECTS and when is the next dividend?
POWER MECH PROJECTS offers a dividend yield of 0.11%, which means for every ₹100 invested at the current price of ₹2,421.30, you can expect to receive approximately ₹0.11 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of POWER MECH PROJECTS?
POWER MECH PROJECTS's key financial metrics include: P/E Ratio: 19.6, P/B Ratio: 3.04, ROE: 12.46%, ROCE: 13.23%, Dividend Yield: 0.11%, EPS: ₹30.26, Book Value: ₹818.90, and Debt-to-Equity: 0.2. The company's market cap stands at ₹7,666.95 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is POWER MECH PROJECTS stock performing today in the market?
POWER MECH PROJECTS stock opened at ₹2,365.00 and is currently trading at ₹2,421.30, showing a gain of ₹41.90 (1.76%). The intraday high is ₹2,435.00 and low is ₹2,332.60. The trading volume stands at 38,776 shares, indicating moderate market participation today.
08What is the P/E ratio of POWER MECH PROJECTS and what does it indicate?
POWER MECH PROJECTS has a Price-to-Earnings (P/E) ratio of 19.6, which means investors are willing to pay 19.60 for every ₹1 of earnings. With an EPS of ₹30.26, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about POWER MECH PROJECTS (POWERMECH) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.