Ashish Kacholia is investing ₹12 Cr in Concord Control's pref issue

Discussion in 'Portfolios Of Famous Investors' started by Vidhi Khanna, Sep 7, 2024.

  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    Ashish Kacholia is investing ₹12 Cr in Concord Control's pref issue. Mukul Agrawal already holds 4.01% worth ₹48 Cr & is investing ₹15 Cr more. Co does work for Railway. M-Cap is ₹1200 Cr. Promoters hold 70%. RoCE is 43%. RoE is 38%. Sales growth is 56%. Profit growth is 106%.

    Savvy investors see a big growth trigger for the railways sector & are making a beeline for railways stocks in view of the pipeline for 10 bullet trains, over 30 metro stations, around 12,000 new railway stations & additional freight corridors. Govt is planning to improve connectivity to and from mineral-rich areas. Within railways, wagon players, logistics players, and engineering, procurement and construction (EPC) players are a better way to play the theme

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    Last edited: Sep 7, 2024
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