Shriram Pistons 7.4Y Base

2 апр.

Bigger the base, Bigger the target. H&S negated.

Disclosure: Invested. Position increased

8 апр.

Заметка

No specific guidance given wrt numbers
However, seemed very confident to comfortably maintain and further grow at better pace than last 3 years(18-20% CAGR)

Expects further margin improvement even from here
Steady and gradual improvement is what they expect

Growth vs industry growth rate should be way higher due to process and operational efficiency

Looking for more acquisitions in powertrain tech agnostic areas

75% capacity utilisation now
Can go upto 100%
Demand has been good and steady for now

New piece of land acquired in Coimbatore

Will continue to conduct regular concalls from here

Overall tone was very very confident and bullish

13 апр.

Заметка

Auto components is expected to grow 15% cagr by 2026. Ventured into EV space thro' acquisition of EMFi to deliver cost-effective and reliable electric motors and controllers for green mobility applications.

13 мая

Заметка

Shriram pistons has given plenty of opportunities to enter or increase position. Good results.
Sales 22% YoY & 11.75% QoQ
EBIDT 31% YoY & 10% QoQ
PAT 28% YoY & 7.4% QoQ
EPS 31% YoY & 11.41% QoQ

30 июл.

Заметка

Good Q1. Breakout.

22 авг.

Заметка

Descending triangle breakout

10 сент.

Заметка

Target 1 2321.80 achieved

19 сент.

Заметка

Weekly RSI trendline breakout