1. mit_vkum

    mit_vkum New Member

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    Some people are predicting it to be a future multibagger.
     
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    Wow, didn't notice this at all. Now it is big news.

    https://rakesh-jhunjhunwala.in/check-out-the-latest-stock-pick-of-hiren-veds-alchemy-capital/
     
  3. Esn1Esn

    Esn1Esn RETIRED BANKER

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    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.
     
  4. Esn1Esn

    Esn1Esn RETIRED BANKER

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    Axiscades at 10% UC at 269
     
  5. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    Wow! I wonder if our posting the news on our site had anything to do with it ;)
     
  6. Esn1Esn

    Esn1Esn RETIRED BANKER

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

    satyak New Member

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    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.
     
  8. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    I suppose if knowledgeable investors like Alchemy and Kacholia have invested large sums of money, it is with the expectation of huge gains in the medium/ long-term. I think it may take a couple of quarters and so you may have to be patient.
     
  9. Esn1Esn

    Esn1Esn RETIRED BANKER

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    Today's high is 339.95
     
  10. saurabh.dwivedi

    saurabh.dwivedi Member

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    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
     
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