Hi @phreakv6 , what is your view on Apar? I did not add beyond 2,700 ,(avg price is 2,200, and reduced it to 5% of folio) and inspite of management saying there will be margin correction in the conductors business (which is a huge chunk of their overall operations) as well inventory destocking on customer side, the price has gone higher and higher. Is the company going through a rerating because of the domestic wires & cables business and strong domestic growth prospects or is it just momentum pushing the price up? I do not see much volume but the stock keeps going up. If you are allocate more money to Apar what would your strategy be?
| Subscribe To Our Free Newsletter |
