automotive – Katalyst Wealth

[Stock notes] – Amara Raja Energy…making a big foray into Lithium-ion battery space

October 14, 2023

Hello Sir, Hope you are doing well. Recently, I was going through the details of Amara Raja Energy & Mobility Ltd. Earlier its name was Amara Raja Batteries and is a very well known brand in the automotive batteries space. We used to track this company before and even recommended it back in May 2012 to Alpha and Alpha + members around 150 odd levels and closed it with 300% + gain 2 years later in Sep 2014. I think we did well…

[Stock idea] – Magna Electro Castings…debt free auto components supplier

May 7, 2023

Hello Sir,Hope you are doing well.Recently, I came across a stock by the name of Magna Electro Castings. The last 5-6 years numbers of the company looked good and the valuations reasonable.The company is engaged in the manufacturing of ductile and grey iron castings in the weight range of 300 grams to maximum of 2000 kilograms.Below, we have shared notes from the Jan’23 CARE credit report of the company. Hope you find the details useful in your search of investment opportunities. Before that, a…

[Portfolio Stock] – FIEM Industries – Sole supplier of various lamps to Ola Electric

August 25, 2021

Dear Investor, We don’t like losing money and that’s why we are very fond of low-risk opportunities. Yes, the ones where there’s not much market euphoria and therefore the downside is low while the long-medium term potential is immense. Well, it so happened that during the 2019 downturn of the auto industry, we identified an auto-ancillary stock that was available at only 8.5 times earnings and the promoters themselves were buying the stock. The stock was: FIEM Industries (NSE: FIEMIND)…