Hi Hemanth.
Not sure about TAAL.
Coming to axiscades: Axiscades is well diversified and does more value added work. What Moldtek Tech does is plain Vanilla work in Just stuructural Eng (CIvil and Construction). The Mechanical Eng Division of Moldtek is relatively better (IMO) but still a long way to go. So, overall I don’t think Moldtek is as good as Axiscades but the growth rates have been good in recent past and the management indication that they are closing in on an acquisition (mentioned in Q2 concall) is a step in right direction. In addition to this, seasoned management (proven track record in Moldtech pack) and good addressable (global) market with Cost advantage (working out of India) forms my thesis.
As per Q3 concall managment commentary, they were asked by clients to serve them in Press tool
The co is moving into Press Tool, Dies, Wiring Harnesses etc. So, they have onboarded some employees to increase the capabilities. This would be the thing to watch out for in near future
I’ll check TAAL and keep an eye on axiscades as well.
Thanks
Praveen
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