ev

[Stock notes] – M M Forgings…targeting 15% + growth in FY 24

December 8, 2023

Hello Sir, Hope you are doing well. Sometime back, I came across a stock M M Forgings (MMF). The company manufactures forged components for automobiles (CVs and PVs), and off-highway equipment, catering to both the domestic and international markets. The company is also working on developing EV powertrain components – Motor, Gearbox and Controller through its subsidiary Abhinava Rizel. What’s interesting is that promoters have guided for ~15% + growth in sales in FY 24 over FY 23. Below, we have…

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[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 (opens in new tab)Alpha and Alpha + members around 150 odd levels and closed it with 300% + gain 2 years later in Sep 2014. I think…

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Electric vehicles Vs Hydrogen vehicles…what’s the future?

January 11, 2023

Hello Sir, Mr. Nitin Gadkari recently launched India’s first hydrogen-based fuel cell vehicle (FCEV) – Toyota Mirai. We decided to compare EVs with Hydrogen based vehicles to see where the potential lies and here are the details –   Before that, recently, we released a new special situation opportunity for our Alpha + members. It’s a short duration opportunity and slightly different in the sense we haven’t participated in a similar corporate action before. To read more about it, click HERE…

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