too many positive moves happening in this counter ,
- concalls
- new plant
- management talking about higher margin products
- participation in indian and foreign expos
- orders from defense sector
- land purchase in gujarat for greenfield expansion
- management also taking about 20% yoy growth and 20% margin expansion … debt is still not very high
- They have also gained market share in exports despite competition from china and taiwan , shows that products are good and they don’t need government support to deal against world players
the stock price is still cheap considering the current bull market
Disc – not invested yet but seriously considering
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