AXISCADES

Some people are predicting it to be a future multibagger.

 

Axiscades top brass, Sudhakar Gande, came on record to state that the sector that the Company is engaged in, namely, “niche engineering precision technology, focussing on aerospace defence” is like what the software sector was 20 years back. He promised that the sector would see “very high growth” and that there would be a “lot of opportunities in the sector” in the next couple of years.

Sudhakar Gande also stated that Axiscades is expected to report a top line of Rs. 500 crore, up from Rs. 300 crore of the last fiscal. He also emphasized that the industry is “highly profitable” with normal EBITDAs in the range of about 20 percent. Sudhakar Gande also pointed that there are high entry barriers and that it is difficult to gain the trust of companies like Airbus. However, once the business starts flowing, there are a lot of repeat orders. He also stated that Axiscades is well placed to capitalize on the “Make in India” policy and would enjoy “very high growth” in the foreseeable future.

 

Axiscades at 10% UC at 269

 

Sure..Mam, It had a good impact on price move.

 

I was expecting quick buck from here but it is going down. Though it look like a good company as well from Balance sheet side with good hope for future. So, should stay invested.

 

Today's high is 339.95

 

Best thing is to take lead from masters analysing it at your end and only after you have conviction about the stock( its growth prospect, margin of safety etc ..), you should buy it as it becomes easier to hold it for long term.

It is the cloning process endorsed by mohnish pabrai