Microsys Promatic does seem like an interesting acquisition and it can become something big if things fall into place. Right now the topline of this company is 5-6 Cr INR so don’t think it will add much to the nos immediately. Does anybody know the cost of this acquisition ? Also, the promoter holding has reduced slightly for last 2 quarters sequentially. Any specific reasons behind it ? I don’t have any positions just tracking this co closely. It seems like it will be something to watch out for after the overhang of Aluminium diecast OEM business is gone.
| Subscribe To Our Free Newsletter |
