Can you throw some light on CALCOM, please? They recently crossed a 100Cr mark in the Last FY despite the multitude of challenges. Top line ie Sales grew increased by around 75% over last FY. PAT is Up 12% despite heavy cost pressures.
Their OFS was also a big success 5 times subscribed.
Seed investment here from MIT and Old bridge capital is also there who are marquee investors.
They got PLI in electronics too “Make in India”. It’s also a china+1 beneficiary.
As per ELCOMA – India will manufacture more than 75% of components locally and also
Increase exports substantially by 2025.
Chart wise RS is above the 0 line + above all major WEMAs + confluence of some TL and Resistance Breakouts.
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