ValuePickr2 days ago
BULLISH(85%)
buy
Macpower CNC Machines: Manufacturing a Strong Growth?
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Market Impact Score
-100 Bearish+100 Bullish
AI Analysis
The manufacturing sector, particularly in precision engineering and automation, is a key beneficiary of 'Make in India' initiatives.
Trading Insight
Positive bias for Macpower CNC Machines; monitor order inflows and financial results for confirmation of growth.
Key Evidence
- •Rs 180cr market cap company, incorporated in 2003.
- •Manufactures 9 different CNC machine product categories with 60+ models.
- •Serves 27 industry segments worldwide with 5500+ installations.
- •Achieved high PAT of around Rs 13 crores in FY19, estimated to generate at least Rs 30 crores PAT now.
- •Done more than 2x capacity expansion and implemented backward integration.
Affected Stocks
MACPOWERMacpower CNC Machines
Positive
Strong product portfolio, capacity expansion, and potential for increased profitability.
Sectors:auto
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