ev

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

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…

Read More

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

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…

Read More

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

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…

Read More
Copy Protected by Chetan's WP-Copyprotect.