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Football fanatic and stock market enthusiast.CMT LEVEL 2x.com MUMBAIJoined April 2011
Key Risks:
The commodity prices seems to have cool off from its recent high, however pose a threat on margins.
My view is BUY at cmp and add on dips with a SL Rs of 110.
Target price of Rs 210.
#Greavescotton
I expect the company 2Wheeler and 3wheeler product portfolio and focus less on its traditional legacy diesel engine business. The company is trading at a P/E multiple of 27x and EV/EBITDA multiple of 15.7x its FY2024 earnings I expect it to grow to above industry standards,cont..
The transaction is value accretive for GEML, the company will utilise this funds for capacity enhancement, product development and brand building.
The company recently inaugurated its first EV retail store -Auto EV mart in Thiruvananthapuram.
cont...
Slowly and steadily its started gaining market share in the two wheeler market with it's ampere brand.
The company has developed it's EV arm Greaves Electric mobility limited (GEML) which has received a strategic investment by Abdul Latif Jameel ,a well known investor.
cont...
Greaves was always looking to expand its horizon as the engine manufacturing had its upper ceiling.
It then launched its first 2 wheeler scooter magnus pro electric under its flagship brand ampere.
It set up its first plant in tamil nadu by pledging upwards of 700 crores.
cont..
Hi Guys as promised going to start a new thread where I would post my investment thesis on stocks especially small and mid caps where I feel is the good time to enter and get compounding returns.
We raised cash at the end of January 2022 seeing market risks which are playing out now . We have changed our stance & have chalked out strategy for next few years. I would be sharing detailed view with limited people. Retweet this tweet to get views in inbox #stocks#Markets
We raised cash at the end of January 2022 seeing market risks which are playing out now . We have changed our stance & have chalked out strategy for next few years. I would be sharing detailed view with limited people. Retweet this tweet to get views in inbox #stocks#Markets
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