MM Forgings- May shape the portfolio in the right way

Yes, I am tracking it.
Some positives.

1. Michinging and Forging mix moving more towards machining, which means higher profit margins.
2. Of the total 500 Cr capex that the company has planned, 350 Cr is towards machining and 100-150 Cr toward Forging.
3. The management is tight-lipped about EV orders. I am pretty sure they are in underpromise and over-deliver mode to keep expectations in check.

What I don’t know

1. How big is the EV play going to be.
2. Competition from other players in the EV components space
3. Slowdown in CV cycle.