Econpile expected to remain resilient

“Econpile also has an advantage, due to its robust piling equipment, ’’ RHB Research said.

PETALING JAYA: Econpile Holdings Bhd will continue to stay resilient and prove its mettle, despite facing multiple constraints in the sector.

“This, coupled with our expectations of an improving sector outlook post mandatory control order (MCO), leads us to believe that the stock now looks primed to trade at a higher price earnings ratio (P/E), ’’ said RHB Research.