Attached a chart for Kirloskar Oil Engines. Crossed YH couple of days back. Strong company, little laid back. Market did not liked their foray into NBFC and investing 1000 Cr and therefore the stock WAS extremely cheap. Now the Industrial cycle is in upswing so getting back into favor. Valuations are still not demanding though obviously the management is not to the calibre of Cummins etc. However I believe valuations kind of factor in that inefficiency.
Disc: Invested and transactions in last 30 days
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