Lahoti Overseas POTENTIAL MULTIBAGGER STOCK D15M05Y2017

Lahoti overseas is primarily in the business of yarns. They export a wide variety of yarns like cotton, flex, melange, linen, special, blended and synthetic. This 25 year old company exports to multiple countries. They have under their control over 100,000 spindles and 100 airjet looms to produces high quality yarns.  
For more info check, http://www.lahotioverseas.com/    

NUMBERS - THE LATEST   
Market cap: 76 crores                CMP on Day15 May2017: Rs 27                 BV: 35
Revenue FY16: 460 cr                   Net profit FY16: 3 crore approx                FV: 2     

POSITIVES 
1. Lahoti overseas has been a dividend paying company since last 10 - 15 years. With improved product line, new markets and increased suppliers, the company could continue to do well in the near and medium future.
2. For FY2016, the company did a topline of 460 crores and bottom line of 3 cr. However for FY2017 with a top line of around 500 sr, the net profit could be in the range of 7 to 8 crore. For a company with such fine numbers, long term debt stands only at 7.41 crore.
3. Company has their own offices strategically located in Mumbai, Dhaka and Coimbatore. They also have associate offices in Egypt, China and Portugal.
4. Apart from yarns, Lahoti is also into fabrics, raw cotton and organic textile products. 

INTERESTING INFO  
1. Over the years, the company has built good relationship with overseas customers, and exports to various countries like Hong Kong, Malaysia, Japan, South Korea, Vietnam, and some countries in Gulf, Mediterranean and the Americas.
2. Since 1997 the company has consistently won awards and trophies from TEXPROCIL for their prodcut quality and export performance.
3. The company has strong operating cash flows with almost 47 crores accounted by operating activities in 2015 - 2016
4. Promters are very astute and honest. Assets owned by the company are transparently evident in the annual report. Company owns 2 flats in Mumbai and one in Pune, and also its own offices. Apart from that, the company holds equity shares in Some blue chips like Emami, TCS, Cadila, LG Balkrishna, Reliance, Zydus wellness and others. Added to all this, it also has investments in debt mutual funds with BNP Paribas, HDFC corporate debt and others.  

NEGATIVES - POSSIBLE RISKS 
1. Simultaneous slowdown in multiple geographies at the same time  

MY TAKE 
Lahoti overseas is a well run and well managed company. Their business model of an asset light approach, is working well and evident from the strong cash flows. With focus on high quality of products and customer relationship, the company is going from strength to strength.

The promoters have been financially very prudent. The market value of their real estate and financial assets could almost cover up to 70 - 80% of the company's current market cap. In other words, the share holder is getting his shares free. This is a case of having your cake and eating it too. In addition to that, the regular dividend payout. Icing on the cake :-)

This stock has all the attributes of a potential multibagger, with almost no negatives. From current levels, the stock could head much higher over the near and medium term. The only thing needed for an investor is the patience.  

Lahoti is a potential multibagger!! 


Disclosure: I own shares in Lahoti overseas.  


For commercial collaboration, consultation and JV ideas;
                                            you can contact me via zorbayogi9@gmail.com 


Important Note: Potential multibaggers are those stocks which have potential to give 100 - 500% profits. Obviously such returns take time. Probably 2 - 3 years or more. Short term volatality is the reality of the stock market and that will always happen. Short term movements(upside and downside) are impossible to predict. Only invest funds that you will not need for the next 3 - 4 years. As long as you buy a stock for the right reason and are convinced about the future prospects of the company, there is no need to worry if the share price goes down and stays down for a period of time after you buy; provided you have followed the cardinal stock market mantra BUY LOW.  

Very important note: The objective of this blog is to share knowledge and info about multibagger ideas/opportunities. Neither is this trading website nor an analyst website nor a Buy/Sell call website. For stock market success, always do your home work, own assessment and make your own decisions.

Mahalaxmi Rubtech POTENTIAL MULTIBAGGER STOCK D22M04Y2017

Mahalaxmi Rubtech is in the business of technical textiles and synthetic, coated and printed fabrics. This Ahmedabad based company has manufacturing capacity to produce printing blankets of upto 426 feet in length and 3700 mm in width.     
For more info check, http://www.mrtglobal.com/  

NUMBERS - THE LATEST   
Market cap: 61 crores                 CMP on Day22 Apr2017: Rs 61                  BV: 53
Revenue FY16: 168 cr                  Net profit FY16: 3 crore approx                 FV: 10    

POSITIVES    
 1. Revenues of Mahalaxmi increased from 144 to 168 crores y-o-y. Further, the profit increased from 2.91 to 3.08 cr. 
2. Promoters strengthened their stake from 55.99% to 57.08% between 2015 and 2016. They further increased their stake by alloting 11,50,000 shares to the promoter and promoter group upon conversion of warrants at 45 rs.  
3. In the last FY the company earned foreign revenues to the tune of 20 crores. With strong focus, the exports could grow quite well in the future.
4. During last year, the promoters consolidated equity shares such that 10 existing shares of FV 1 rupee were consolidated into 1 share of 10 rs.  

INTERESTING INFO   
1. During last year, the promoters consolidated equity shares such that 10 existing shares of FV 1 rupee were consolidated into 1 share of 10 rs.
2. Some of the specialized and niche products of the company are offset printing blankets, rubber coated fabrics, hydraulic seals and air cells.
3. Last year the company participated in 'touch the future' held in Germany during May - June
4. Check out the website and product range to see the diversity of end use of the company products.

NEGATIVES - POSSIBLE RISKS  
1. Simultaneous slowdown in both domestic and global markets.
2. Increase in cost of raw materials   

MY TAKE   
Between the years 2007 and 2011 Mahalaxmi had a glorious time with revenues increasing from 10 to 128 crores and profits from 1 cr to 6 crores. The share price had a phenomenal rise from 15 rs in 2009 to 250+ in 2010. However 2012 to 2015 has been very challenging for the company with almost flat revenues and profits.   

With increased involvement of the younger generation of the promoter family, increased product range, increased export growth and enhanced profits, the company is positioned to do well over the next few years.

Mahalaxmi Rubtech is a potential multibagger!!  


Disclosure: I own shares in Mahalaxmi  


For commercial collaboration, consultation and JV ideas;
                                                   you can contact me via zorbayogi9@gmail.com   


Important Note: Potential multibaggers are those stocks which have potential to give 100 - 500% profits. Obviously such returns take time. Probably 2 - 3 years or more. Short term volatality is the reality of the stock market and that will always happen. Short term movements(upside and downside) are impossible to predict. Only invest funds that you will not need for the next 3 - 4 years. As long as you buy a stock for the right reason and are convinced about the future prospects of the company, there is no need to worry if the share price goes down and stays down for a period of time after you buy; provided you have followed the cardinal stock market mantra BUY LOW.   

Very important note: The objective of this blog is to share knowledge and info about multibagger ideas/opportunities. Neither is this trading website nor an analyst website nor a Buy/Sell call website. For stock market success, always do your home work, own assessment and make your own decisions.

Samrat Pharmachem POTENTIAL MULTIBAGGER STOCK D30M03Y2017

Samrat Pharmachem is in the business of iodine derivatives. Started in 1992, Samrat is a highly specialized company, that exports to various countries across the world along with having a strong foothold in the domestic market.      
For more info check, http://www.samratpharmachem.com/    

NUMBERS - THE LATEST    
Market cap: 24 crores                  CMP on Day30 Mar2017: Rs 75                BV: 49
Revenue FY16: 61 cr                    Net profit FY16: 0.3 crore approx              FV: 10    

POSITIVES    
1. Revenues have been around 20 crores per quarter consistently over the last 3 quarters along with improving profit margins.  
2. Company made a net profit of 30 lakhs in entire year last year. This year nine-month profit is almost 1.5 crores. 
3. Samrat manufactures iodine salts and bromine salts. The company has one of the widest range of iodine derivatives. 
4. The products of Samrat is used in a wide range of industries. Pharma, Chemical, Animal feed, Printing, Textile and others. 

INTERESTING INFO    
1. During last year the company increased export revenue from 8.5 cr to 11.7 cr.
2. Long term debt of company is only 1.5 cr and company has cash-on-hand of around 3.5 cr and current investments of 2 cr  
3. The company was recognized as one of the Top 500 small and mid manufacturing companies in India.
4. Samrat has committed to participate in CPHI, an industry event, to be held in Frankfurt during October 2017. A step in the right direction to improve customer base, and hence revenues.  

NEGATIVES - POSSIBLE RISKS  
1. Any global event impacting the margins of the company.

MY TAKE  
Samrat is a nano-cap company with market cap around 25 crore. However it is a high quality company with specialized products, hence forming a niche. Improved profit margins and export revenue indicates management steps is in the right direction. Doubling from current levels is quite probable. 

However with increased capacity utilization, revenue growth and enhanced profits, the stock could head much higher over the medium term.

Samrat is a potential multibagger!!   


Disclosure: I own shares in Samrat Pharmachem  


For commercial collaboration, consultation and JV ideas;
                                                   you can contact me via zorbayogi9@gmail.com     


Important Note: Potential multibaggers are those stocks which have potential to give 100 - 500% profits. Obviously such returns take time. Probably 2 - 3 years or more. Short term volatality is the reality of the stock market and that will always happen. Short term movements(upside and downside) are impossible to predict. Only invest funds that you will not need for the next 3 - 4 years. As long as you buy a stock for the right reason and are convinced about the future prospects of the company, there is no need to worry if the share price goes down and stays down for a period of time after you buy; provided you have followed the cardinal stock market mantra BUY LOW.    


Very important note: The objective of this blog is to share knowledge and info about multibagger ideas/opportunities. Neither is this trading website nor an analyst website nor a Buy/Sell call website. For stock market success, always do your home work, own assessment and make your own decisions.

Suzlon Energy POTENTIAL MULTIBAGGER STOCK D11M02Y2017

Suzlon energy is a pioneer and leader in the business of renewable energy solutions. They have 3 main divisions, Wind, Solar and Forging. Suzlon has presence in around 19 countries across 6 continents. Key markets for the company are India, Brazil, China and North America.  
For more info check, http://www.suzlon.com/    

NUMBERS - THE LATEST  
Market cap: 8640 crores                      CMP on Day11 Feb2017: Rs 17       
Revenue FY16: 9562 crores                   Net profit FY16: 483 cr                       FV: 2 

POSITIVES     
1. For Suzlon energy the year 2015 - 2016 was a year of turnaround. The company could manage a net profit of 483 crores. This was done on the back of 1130 MW worth of sales volume, a 149% increase over the previous year.  
2. The company has two back-2-back successful quarters with good margins, further manifesting the turnaround. For 2 consecutive quarters, gross margins are in the range of 44 - 46% 
3. Consolidated net debt was brought down from 14,570 crores to 8,452 crores. 
4. Modi government has an ambitious target of 5000 MW per year for wind energy. Suzlon with its 14 manufacturing facilities in India and a presence in all 9 windy states is well placed to make the most of this opportunity.  
5. Credit rating by CARE upgraded from BBB- to BBB for domestic operations, and a provisional rating of A- for international operations.    

THE TURNAROUND 
1. In Q3FY2017 Suzlon grew its revenue 76% y-o-y to 3,307 crores. Net profit grew by 350% y-o-y at 304 crores. 
2. New order intake for this quarter was 557 MW with total order book at 1,231 MW
3. Consolidated net debt stood at 6,538 crores. excluding FCCB.
4. Company achieved a milestone of 10,000 MW in India. The entire wind asset is under the Suzlon fold for servicing and maintenance.
5. Two new rotor blade factories was commissioned in Andhra Pradesh and Rajasthan. 

INTERESTING INFO 
1. In the year 2015 Dilip Shanghvi, India's 2nd richest man, and promoter of Sun Pharma, picked up 23% stake in Suzlon for an investment of 1800 crores.
2. Suzlon energy strengthened its top management with two important senior hires, JP Chalasani as CEO and Rakesh Sarin as CEO of international operations.
3. Already a leader in the wind energy space, Suzlon entered into the solar space. As solar energy compliments wind energy, the company is now well positioned as a multi-dimensional solutions provider. Suzlon can now offer wind-solar hybrid solutions.
4. Company crosses 2 GW milestone installation in Maharashtra and Tamil Nadu.
5. Suzlon aims to be the company of choice for renewable energy by 2020. 

NEGATIVES - POSSIBLE RISKS     
1. There are still some loose ends in terms of the turnaround, like resolution of FCCB bonds, restructuring of debt and gaining market confidence .
2. If wind stops blowing or sun stops shining, in India and other countries of the world, that could be a major risk for Suzlon :-)  

MY TAKE 
Suzlon energy is a humongous turnaround story. Few years back when I took a look at this company, it looked like a gone-case. Most market observers had written off this company. From that situation to today, it is a phenomenal story. Full credit to Tulsi Tanti and Team Suzlon.    

Fossil fuel and conventional energy has ruined the planet over the last 100 years. It is high time the world moves towards renewable energy. The indications are clear, and the direction is set. This area is all set to grow over the next 10 - 20 years. Suzlon is in the right place at the right time. 

If my memory serves me right, Charlie Munger once said that turn-arounds rarely turn around. Looking at the indian stock market we can find atleast 100 companies that look like they are turning around. But that is not the case. Though rare, turn arounds do happen. 

Turn-around companies offer a unique opportunity to make a fortune. We can make massive profit, provided we have selected the right company, and timed our entry into the stock. Currently Suzlon is in such a zone. 

Suzlon energy is a massive potential multibagger!!  


Disclosure: I own shares in Suzlon.  


For commercial collaboration, consultation and JV ideas;
                                                you can contact me via zorbayogi9@gmail.com   


Important Note: Potential multibaggers are those stocks which have potential to give 100 - 500% profits. Obviously such returns take time. Probably 2 - 3 years or more. Short term volatality is the reality of the stock market and that will always happen. Short term movements(upside and downside) are impossible to predict. Only invest funds that you will not need for the next 3 - 4 years. As long as you buy a stock for the right reason and are convinced about the future prospects of the company, there is no need to worry if the share price goes down and stays down for a period of time after you buy; provided you have followed the cardinal stock market mantra BUY LOW. 

Very important note: The objective of this blog is to share knowledge and info about multibagger ideas/opportunities. Neither is this trading website nor an analyst website nor a Buy/Sell call website. For stock market success, always do your home work, own assessment and make your own decisions.

Hindustan Tin Works POTENTIAL MULTIBAGGER STOCK D07M02Y2017

Hindustan Tin Works is one of the leading can manufacturing companies in India. With over 5 decades in existence, this company provides a wide range of metal packaging solutions.  
For more info check, http://hindustantin.biz   

NUMBERS - THE LATEST    
Market cap: 82 crores                   CMP on Day07 Feb2017: Rs 79               BV: 120
Revenue FY16: 297 cr                     Net profit FY16: 14 crore                       FV: 10  

POSITIVES  
1. Hindustan Tin Works achieved a PAT of 14 crores in FY2016. Out of that 9 crore came from the sale of investments.
2. Company has a solid balance sheet with cash on books at 13 CR and long term debt of 28 crores.
3. HTW increased its export sales from 68 to 72 crores.
4. Company has a joint Venture with London listed Rexam.   

INTERESTING INFO  
1. Hindustan Tin Works participated in a trade fair held at Dubai in Nov 2016. Going in the right direction to grow exports.
2. Stemcor AG, a British metal company, holds a 9.6% stake in the company. United India Insurance and Religare Finvest are other large share holders.
3. Company credit rating by ICRA is A2+ for short term and A- for long term
4. Some of the brands / products for which HTW makes containers are Nestle Milkmaid, Delmonte pinapple slices, Protinex, Sambandh ghee, Cherry blossom and Asian paints.  

NEGATIVES - POSSIBLE RISKS   
1. Slow recovery in the global and local economy could be a negative for this company. 

MY TAKE  
Hindustan Tin Works is a high quality company. A leader in its business area. Metal can consumption in India is very low. Compared to the consumption scale of USA at 160 for India it is near to 1. So one can imagine the future potential. Added to that, metal cans are re-recyclable unlike plastic. 

Company is deeply undervalued. With a CMP far lower than the book price, and a single digit PE, this stock has a long way to go. With a well established customer base, professionally and technically capable company, HTW could reward its investors in a big way. 

HTW is an obvious potential multibagger!! 


Disclosure: I own shares in Hindustan Tin Works   


For commercial collaboration, consultation and JV ideas;
                                               you can contact me via zorbayogi9@gmail.com   


Important Note: Potential multibaggers are those stocks which have potential to give 100 - 500% profits. Obviously such returns take time. Probably 2 - 3 years or more. Short term volatality is the reality of the stock market and that will always happen. Short term movements(upside and downside) are impossible to predict. Only invest funds that you will not need for the next 3 - 4 years. As long as you buy a stock for the right reason and are convinced about the future prospects of the company, there is no need to worry if the share price goes down and stays down for a period of time after you buy; provided you have followed the cardinal stock market mantra BUY LOW.

Very important note: The objective of this blog is to share knowledge and info about multibagger ideas/opportunities. Neither is this trading website nor an analyst website nor a Buy/Sell call website. For stock market success, always do your home work, own assessment and make your own decisions.

Asahi Songwon Colors POTENTIAL MULTIBAGGER STOCK D30M01Y2017

Asahi Songwon Colors is in the business of speciality chemicals. This Gujarat based company is engaged in the manufacturing of phthalocyanine pigments comprising of CPC blue and a range of beta blue pigments.
For more info check, http://www.asahisongwon.com/       

NUMBERS - THE LATEST         
Market cap: 312 crores                   CMP on Day30 Jan2017: Rs 256                BV: 120
Revenue FY16: 224 cr                     Net profit FY16: 21 crore approx                FV: 10     

POSITIVES 
1. Around 80% of the company revenues comes from exports. Some of their top clients are DIC, Japan; Sun Chemicals, USA and Clariant Chemicals.
2. Operating margin has gone up from 10.8% in FY13 to 17.6% in FY16. In the same time D/E ratio has come down from 0.59 to 0.33
3. Excellent results in Q2FY2017 results with sales of 68 crore and net profit of 7 CR.
4. By de-bottlenecking of operating capacity, the company plans to increase production from 750 to 850 tonnes per month.

INTERESTING INFO  
1. Company has introduced 2 new products; Beta Blue 15.4 and Alpha Blue. These could help in improving the margins going forward
2. They have around 25 crores in cash and corpus which eases possibility of future expansion.
3. AksharChem, a similar company, which was demerged from Asahi Songwon, moved up from 150 to 750 in one year backed by excellent results. So Asahi Songwon doubling from current levels should not be a surprise :-)
4. DIC Corp and Clariant have been long term stake holders in the company. 

NEGATIVES - POSSIBLE RISKS 
1. Extremely difficult to find negatives in this company :-) 

MY TAKE 
Asahi Songwon Colors is a high quality company. Excellent management pedigree, niche products, proven track record with a business that has global scope in terms of growth. Almost an ideal company. Management has undertaken a host of initiatives that will show in the future results.

Several companies that are into specialty chemicals have proven to be great wealth creators over the last couple of years. Most of the good quality ones are trading at 4 to 6 times book. Asahi Songwon has all the attributes of a high quality company, however, which is available at around 2 times book. So this comes in the category of a great business at a reasonable price.

Asahi Songwon is a high probability potential multibagger. It is just a matter of patience!! 


Disclosure: I own shares in Asahi Songwon  


For commercial collaboration, consultation and JV ideas;
                                                you can contact me via zorbayogi9@gmail.com      


Important Note: Potential multibaggers are those stocks which have potential to give 100 - 500% profits. Obviously such returns take time. Probably 2 - 3 years or more. Short term volatality is the reality of the stock market and that will always happen. Short term movements(upside and downside) are impossible to predict. Only invest funds that you will not need for the next 3 - 4 years. As long as you buy a stock for the right reason and are convinced about the future prospects of the company, there is no need to worry if the share price goes down and stays down for a period of time after you buy; provided you have followed the cardinal stock market mantra BUY LOW.  

Very important note: The objective of this blog is to share knowledge and info about multibagger ideas/opportunities. Neither is this trading website nor an analyst website nor a Buy/Sell call website. For stock market success, always do your home work, own assessment and make your own decisions.

Maan Aluminium POTENTIAL MULTIBAGGER STOCK D24M01Y2017

Maan Aluminium is an aluminium products manufacturing and trading company. Established in the year 1989, the manufacturing unit of this company is located in Pithampur, Madhya Pradesh. 
For more info check, http://maanaluminium.in          

NUMBERS - THE LATEST      
Market cap: 30 crores                CMP on Day24 Jan2017: Rs 93              BV: 83
Revenue FY16: 190 cr                Net profit FY16: 0.6 crore approx             FV: 10          

POSITIVES 
1. For the year FY2016, the profit before tax increased by 122%, with a 20% increase in the export volumes.
2. Revenues in the last 2 quarters have been consistently above 100 crores. Both q-o-q and y-o-y this is a huge improvement.
3. Maan Aluminium has expertise in producing designs with more than 10,000 shapes, thereby able to cater to a wide range of customer requirements.
4. Over the last few quarters, there has been a steady increase in the net profit of the company 

INTERESTING INFO   
1. The manufacturing revenues achieved last year was only on 50% utilization of installed capacity. Therefore there is a huge scope for growth.
2. Equity capital of the company is quite low, and promoters hold around 65%
3. Two insurance companies also own shares in the company
4. In the annual report of FY2016, there is a quote by Bill Cosby on the cover which says, "In order to succeed, your desire for success should be greater than your fear of failure". This indicates the mindset of the promoter and the management :-)         

NEGATIVES - POSSIBLE RISKS   
1. Any melt down in global metal prices could be a negative for this company. 


MY TAKE   
Maan Aluminium is a turn-around story. After a bad spell of several years, the company is coming into the positive. Efforts by the management in the last 12 - 18 months is in the right direction. The results of the steps taken are visible in the numbers.  

At a market cap of around 30 crores, this is probably the cheapest company in the Aluminium sector. Supportive global metal prices could act as a tailwind for this sector, which could significantly boost the profitability of the company.   

From current levels, the stock could head much higher over the near and medium term.    

Maan is a potential multibagger!!     


Disclosure: I own shares in Maan Aluminium    


For commercial collaboration, consultation and JV ideas;
                                              you can contact me via zorbayogi9@gmail.com      


Important Note: Potential multibaggers are those stocks which have potential to give 100 - 500% profits. Obviously such returns take time. Probably 2 - 3 years or more. Short term volatality is the reality of the stock market and that will always happen. Short term movements(upside and downside) are impossible to predict. Only invest funds that you will not need for the next 3 - 4 years. As long as you buy a stock for the right reason and are convinced about the future prospects of the company, there is no need to worry if the share price goes down and stays down for a period of time after you buy; provided you have followed the cardinal stock market mantra BUY LOW.   

Very important note: The objective of this blog is to share knowledge and info about multibagger ideas/opportunities. Neither is this trading website nor an analyst website nor a Buy/Sell call website. For stock market success, always do your home work, own assessment and make your own decisions.

Ram Ratna Wires POTENTIAL MULTIBAGGER STOCK D14M01Y2017

Ram Ratna Wires is a leading manufacturer of winding wires used in heavy electrical equipment. Starting out as a small electrical shop, this company has transformed into RR Shramik, the leading supplier of copper wires used in transformers, switch-gears, transmission lines, capacitors, etc   
For more info check, http://www.rrshramik.com/         
(there is also an old website for the entire group)  

NUMBERS - THE LATEST             
Market cap: 178 crores                 CMP on Day14 Jan2017: Rs 81               BV: 36    
Revenue FY16: 720 cr                    Net profit FY16: 9 cr approx                  FV: 10          

POSITIVES        
1. As winding wires is one of the primary inputs to electrical equipments and machines, Ram Ratna is set for good future growth with increased government emphasis on infrastructure   
2. Since last 3 quarters the company has done a net profit of 4+ crores. That too on the back of a sluggish year. There is quite good scope that annual EPS for the current FY could well double compare to last FY.
3. Though the last year balance sheet indicates a debt of 100+ crores, long term debt here stands at only 12 - 15% of that. Rest all could be working capital.   
4. Crisil has upgraded the company's bank limit rating from BBB- to A3  
5. RRW has been declaring dividend since last 6 - 7 years without fail         

INTERESTING INFO   
1. Company Management has indicated their global aspirations. The new website (rrshramik) streamlined on the RRW business, rather than the entire group, clearly shows their focus and intent. The design and strcuture of the website is surely geared towards international markets. Forex earned last year was only around 50 crores. There could be huge scope to grow and expand this business.  
2. The company has an extensive product line comprising of 16 products falling into 5 groups. Details in the website.  
3. Promoters of Ram Ratna Wires own 73% of the company. Another 10% is owned by anchor investors. So only 17% is owned by around 4000 shareholders.   
4. RRW website homepage headline is,
Quality: Stemming from our dedication to give you a superlative experience in electrical technology.
This indicates the positive mindset of the management :-)       

NEGATIVES - POSSIBLE RISKS   
1. Delay in infra spending by the government  
2. Apart from that, there is nothing much that I can think of :-)          

MY TAKE   
Ram Ratna Wires has all the attributes of a potential multibagger. Good quality company with a wide range of niche products having a proven and capable management, with concrete vision for future growth and expansion.   

There is a high degree of probability that there will be huge infrastructure spend in India over the next 1 - 2 years, including the electrical industry under a dynamic and result-oriented power minister. This could directly become a substantial tailwind for RRW.    

All one needs to do it buy the shares, and sit on them tightly for few years. Making excellent profits here is highly probable.  

RRW is an obvious potential multibagger!!  


Disclosure: I own shares in Ram Ratna           


For commercial collaboration, consultation and JV ideas;
                                                   you can contact me via zorbayogi9@gmail.com  


Important Note: Potential multibaggers are those stocks which have potential to give 100 - 500% profits. Obviously such returns take time. Probably 2 - 3 years or more. Short term volatality is the reality of the stock market and that will always happen. Short term movements(upside and downside) are impossible to predict. Only invest funds that you will not need for the next 3 - 4 years. As long as you buy a stock for the right reason and are convinced about the future prospects of the company, there is no need to worry if the share price goes down and stays down for a period of time after you buy; provided you have followed the cardinal stock market mantra BUY LOW.       

Very important note: The objective of this blog is to share knowledge and info about multibagger ideas/opportunities. Neither is this trading website nor an analyst website nor a Buy/Sell call website. For stock market success, always do your home work, own assessment and make your own decisions.