Thread by @Future_10x

Want to take advantage of metal rally? 🚀

Let me share a research on
👇
👉🎯#MAITHANALL 🎯 👈

#CMP : 1154
Market cap 3361 crs
FII & DII increased stake in previous quater
Promotor holds 74.99% stake.

Not a buy or sell recommendation.

See full thread 🧵
👇

Maithan Alloys is amongst India's leading manufacturers and exporters of niche value added manganese alloys.

Companies profits and sales had surged continuously fom past 5 quaters both on QOQ and YOY basis.

Borrowing dropped from triple digits to single digit.

QOQ growth 👇

All of Maithan's domestic clients are associated with it for over the last seven years, and nearly 75% of its clients are repeat clients.

Key Clients : Tata steel, Jindal stainless, SAIL, Jindal steel and power... And many more.

Company has posted highest every sales and profits dis year..... However share price is still near 2018's price

Compare the financials (YOY growth) and price below 👇

Looking at fundamentals and the growth shown in profits and sales.....stock is available at attractive price.

Highly #undervalued.

Stock has also shown good strength while #Nifty was weak.

Increase in metal prices and higher demand is plus point for dis stock.

Technically stock is under consolidation and has created cup and handle pattern.

Once stock gives breakout. Can expect a decent returns.

Hope it was helpful 😇🚀
#Retweet for max reach. 🔁

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