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

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