TANEJA AEROSPACE & AVIATION multibagger

TANEJA AEROSPACE & AVIATION multibagger in making..

The company has a 250-acre land where they have made an airstrip which is largely unutilized and I see that as an opportunity, the reason that we are getting the stock at a market cap of just about Rs 100 crore . When things look rosy and everything starts looking good. When they are fresh with orders for aircraft and the value unlocking which people are expecting that airstrip will have that happens and you won’t get the stock for Rs 57.

Last week Tamil Nadu has offered to open up its Hosur Air Station at Belagondapalli village, Thally Road for Bengalureans.
Source : https://timesofindia.indiatimes.com/articleshow/59141188.cms

 

Up gradation of Hosur (Taneja airport) to domestic airport will re rate this stock

 

I am expecting 200 to 300 rs per share TP in
TANEJA AEROSPACE

 

Just 40 km from Bengaluru city is the Hosur Aerodrome, and the Tamil Nadu government is planning to build a domestic airport there.

The Tamil Nadu government has already signed a Memorandum of Understanding with the Ministry of Civil Aviation in this regard under the ‘Ude Desh Ka Aaam Naagrik’ (Country’s common citizen shall fly) or UDAN Scheme.

Considering the fact that Bengalureans constantly bemoan the distance from the city to the Kempegowda International Airport in Devanahalli, the Hosur airport, if constructed, can come as a breather for South and South-Central Bengaluru residents.

According to an article by Scroll.in, the residents of Electronic City and South Bengaluru will benefit the most out of this airport as it will only be a half an hour commute from Electronic City to Hosur as opposed to the two-hour drive to Devanahalli.

 

The Hosur Aerodrome is currently a private airfield established in 1994, and is maintained and owned by Taneja Aerospace and Aviation Limited, an aircraft manufacturing company.

The airfield is used by some private chartered flights and by the Aeronautical Development Establishment of the Defence Research and Development Organisation (DRDO) for testing unmanned aerial vehicles, Bangalore Mirror reported.

Hosur Aerodrome has one asphalt runway, capable of accepting Airbus A-320 and Boeing 737 aircraft, and has night landing facilities.