Goldstone infratech Ltd hidden gem, electric bus future of mass transport, sure shot Multibagger

company has bagged its first order for supply of six pure Electric Buses to the Brihanmumbai Electricity Supply and Transport Undertaking (BEST), Mumbai. BEST is the civic transport and electricity provider public body based in Mumbai. This will be the first time BEST will run Electric buses in Mumbai.
The current market cap of the company is Rs 99.97 crore.

 

Bangalore has also finalised 150 goldstone BYD electric Buses

https://m.timesofindia.com/city/ben...-electric-buses-soon/articleshow/55023451.cms

 

HRTC will meet shortly to take a final call on inviting Ashok Leyland and Gold Stone that have evinced interest in providing these buses
https://www.tribuneindia.com/mobi/n...htang-route-likely-from-next-year/323667.html

 

Electric buses are future of mass transport,
Goldstone infratech JV with BYD will grab max orders

 

Goldstone Infratech to assemble electric buses in tie-up with BYD of China
https://www.thehindubusinessline.co...tnership-with-byd-of-china/article9353289.ece

 

cmp 30.2

 

Electric Bus Market to Rise at a CAGR of 28.0% Through 2020

Read more: https://m.digitaljournal.com/pr/3152195#ixzz4QlBdeIgO

 

If you are interested in Electric buses then why not look at JBM Auto? The company is of JBM group and decent market cap. They have already tied up with one of the largest electric bus makers and they plan to commence production within 1 year. The stock has also corrected a lot recently at around 220 levels.

Disc: I am invested.

 

Indeed a good information !
Thanks.