#SircaPaints revenues is forecast to grow 26% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Retail Distributors industry in Asia.
#SircaPaints is a market leader in premium wood coatings in north India n is significantly expanding its domestic footprint by setting up additional manufacturing facilities & infrastructure to strengthen its position in the East, West and South Indian markets.
#SircaPaints currently operates two manufacturing facilities, one for mass-market wood coatings products in Sonipat, Haryana and a wall paints and putty in the NCR region.
Witnessing robust customer demand for digital manufacturing services with multiple programs being initiated around Industry 4.0 n digital twins, enabling them to deliver quick ROI to their industrial products n plant engineering customers.
Deal pipeline continues to remain robust n r in middle of several advanced stage discussions wth global customers across key geographies
#LTTS๐ Europe deal wins r expected to double this fiscal. Their differentiated offerings will help them stay ahead of competitors in d space
#LTTS๐ undertaking deep investments across its six big bets, helping develop state-of-the-art infrastructure across its global locations.
#LTTS๐ revenues has grown at a CAGR of 10.9% in the last five years whereas #TataElxsi revenues has grown at a CAGR of 8.1% during the same period. Increased demand for digitisation has been driving #LTTS๐ revenue growth.
#TataElxsi and #LTTS๐ are among the niche leading engineering, research and development (ER&D) services providers in the world.
Both are fighting to grab maximum market share.
Outsourced ER&D penetration in most of ๐LTTSโs verticals is still in the low to mid-teens, implying significant scope for an increase in outsourcing.
We hv conducted a survey in our groups asking members to suggest 1 stock which they r willing to hold for next 10-15 yrs
Based on d maximum votes received v hv compiled a list of top 25 stocks wch not only can stand rock solid but can handle market volatility in any โsituation
Top 5 stocks in order of highest no of votes ๐๐
Idea for conducting this survey is to help people identify stocks which can create tremendous big returns over a longer time frame
#TataElxsi entering 2nd half of FY23 with strong order book,healthy deal pipeline across key markets n industry, n customer confidence in d work they do
Importantly,Co is investing in both capacity n capability 2 strengthen their ability 2 win,manage n grow customers n business
#TataElxsi seeing good traction in
automotive business led by EV and ADAS capabilities.
Media and Communication business did witness some deferment of platform deals and some large service deals. But Co is well positioned to win these in the coming quarters.
#TataElxsi hv a net addition of 1532 employees which is d highest no. being ever added in a quarter
And to support that, Co hv also expanded their facilities in existing locations n added new
locations to diversify their talent base.
#Rajratan is the sole supplier of bead wire to some of the leading companies in the tyre industry and expects to further improve its market share in the Indian market.
#RajratanGlobalWire, one of the largest manufacturers of bead wire in India, is a tyre auxiliary that makes bead wire that is a vital component for the production of tyres.
Based in Pithampur near Indore in MP, #Rajratan manuf. facility in India has a production capacity of 72,000 TPA. It also owns another unit in Thailand, with a production capacity of 40,000 TPA. The company is set to expand its bead wire capacity in Thailand to 60,000 TPA.