Capex announced for capacity expansion plus backward integration as per plan. For FY 26 the sitting capacity would be 2500 machines which means that capacity would be expanded by almost 1000 machines within this and previous FY. It’s fair to sense that the management is now getting geared up for the next phase of growth.
With defence orders also kicking in and a lot of institutional meetings as well lined up, it’s highly probable that some fund might be waiting on the sidelines to jump in. The stock is low float with high class management.
It wouldn’t be as straightforward to go ahead and do a lot of calculations wrt valuations since a lot of unknowns such as a JV etc might make the proposition even sweeter.
Disc-Is the biggest holding in the portfolio and can be biased
| Subscribe To Our Free Newsletter |
