Thread by @Breakoutsfreak

#MTAR CMP:2463

Why i mentioned it is Unique Business,High entry barrier and Expensive and even I mentioned one can hold for Decade 🤔

Will discuss everything 🤯🧠

Let's get into deep 👇

https://twitter.com/Breakoutsfreak/status/1477300093128626176

#MTAR is leading national player in precision engineering industry engaged in the manufacture of mission critical precision components.

In precise they are engaged into 1⃣Nuclear Segment 2⃣Space & Defence3⃣Clean Energy

-Look at their clients , in simple all Govt Departments which are in defence and space 🚀 and Major MNC Bloom energy.

-ISRO is one of the client,it is enough judge about company capability.

-They are serving DRDO around 40 years and ISRO around 30 years.see the long standing relationship with clients

🌟Some Notable Projects
1) #MTAR Supplied engine for the PSLV-C25, which launched the Mars Orbiter Mission Spacecraft
2) Integral for the GSLV Mark III engine for the Chandrayaan II mission
3) Undertakes complex assemblies such as the base shroud assembly for Agni missiles

✅Why i said unique business
⚡They are supplying Rocket 🚀 Engines ....tell me who is manufacturing in India.
⚡#MTAR is one of the key suppliers to Bloom Energy and sole supplier from the Indian market.
Bloom Energy is a US based co. which makes clean

✅High Entry Barrier

⚡Auto engine manufacturers are multiple in country but when it comes Rocket 🚀 Engines how many player are in India ?
⚡#MTAR Has world class engineering facilities

✅ Expensive

⚡My simple answer is quality never available at cheap. Day by day company is available at expensive only.

If u looks at only price ,u can't buy the quality.

✅ Why i said one can hold it for decades

⚡ R&D is going in the company to manufacture Roller Screws. Once manufacturing is began then, It will be the 1st manufacturer of roller screws in India. Whic are used in space and rocket engines.

⚡Looks at the company sales growth is at 25% for last 5 years and Profit at 203%
⚡#MTAR order book has grown at a CAGR of 31 percent in last 3 Years

Now all about technical
#MTAR

➡️One can consider 2000WCB as support

➡️I already mentioned one can hold it for decades so my view is too big, one can hold it for whate ever the XXX they want

➡️Again i am repeating it is one of the rarest 💎 listed in exchange 💱

@ParveenBhansali thanks for inspiring me to write ✍️ up on MTAR, look at my thread 🧵 u may like it.

@TSG_Capital , @Sai_trader4life and @AmitMis93532571 U may like it.