Vijay Kedia latest stock pick is Greaves Cotton
Posted: Tue Dec 10, 2024 9:00 am
Vijay Kedia has bought 12L shares of Greaves Cotton at ₹209 for ₹25 Cr for his portfolio. M-Cap is ₹4900 Cr. Promoters hold 56%. Market share in diesel engines is 65-70%. Co is expanding into engines for green, CNG & biodiesel/ ethanol fuels. Co is Debt-Free with cash of ₹500 Cr. RoCE is 50%+
