Hey Prashant,
Liked your pick, I too was considering it from a long term but
Positives I am seeing for the investments are
Infra capex boost by the government as well as pvt players
Diverse product mix
Some good acquisitions done by the company which helped it in backword integration
Current PE 19.50 while the median PE is 56.80, available at cheap pe multiples
Negatives
Low ROE 1.93%
Low ROCE 4.73%
Employees cost increased to 6.19% in dec qtr
These concerns me a lot, would you elaborate why company has such low ROE and roce.
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