https://www.business-standard.com/article/companies/with-india-s-foot-on-ev-pedal-tata-tech-expects-35-biz-recharge-121091900669_1.html

tata technologies is an Unlisted company and its shares are avilable in the Unlisted segment (Grey Market).

US stocks correcting now under speculations regarding Intrest rates of major central banks including Federal &ECB

a very promising company.....

MTAR Technologies was established in 1970, it is in the business of manufacturing various machine equipment, assemblies, sub-assemblies, and spare parts for energy, nuclear, space, aerospace, defence and other engineering industries.

KEY POINTS
Nuclear Segment (26% of revenues): In this segment, Co. Manufactures complex components and assemblies such as Fuel Machining Head, Drive Mechanisms, Bridge & Column, etc. for nuclear reactors. It also provides customized Ball Screws and Water Lubricated Bearings that are import substitutes and used in various assemblies.

Space & Defence (21% of revenues): Co. manufactures complex components and assemblies such has Liquid Propulsion Rocket Engines, Cryogenic Engines, etc. among others for clients

Clean Energy (50% of revenues): Co. Manufactures power units, specifically hot boxes and supplied prototypes hydrogen boxes and electrolysers.

Geographical Split
During FY21, domestic sales accounted for ~45% of revenues and exports accounted for the rest ~55% of revenues.

Order Book
As of 31st March 21, The company has an order Book of Rs. 416 Crores. The order book is divided into :-
Space & Defence: 36%
Clean Energy: 35%
Nuclear: 29%

Some Notable Projects
1) 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[5]

Clients
Large MNCs: Bloom Energy, Elbit, Rafael, etc
Government Departments: ISRO, Defence Research and Development Organisation, Indira Gandhi Centre for Atomic Research, etc
Indian Companies: HAL, BHEL, Bharat Dynamics, etc
Co. has Added 3 new MNC Customers during FY21: Andritz, Kongsberg & Tata Advanced Systems

Revenue Concentration Risk
As of December 31, 2020, the company caters to 39 customers, but Revenue from Top 3 Clients contribute to roughly 80% of the Revenue (Bloom energy - 49%, Nuclear Power Corporation of India Limited - 23%, ISRO - 7%)
The Co. has been supplying to several of its clients for decades.
Bloom Energy - 50% revenue Contributor Client: Bloom Energy is a US based co. which makes clean, reliable and affordable energy for everyone on earth. Bloom Energy is the largest player contributing to segmental revenue (fuel cell products) of MTAR. MTAR is one of the key suppliers to Bloom Energy and sole supplier from the Indian market as of FY20.

Manufacturing Facility
The company have 7 manufacturing units including an Export Oriented Unit (EOU). Plants located in proximity to major defence organizations.

Expansion
1) Building a specialized fabrication facility at Adibatla, Hyderabad to take up high end fabrication jobs that shall enhance the existing capabilities. The facility is expected to be functional by H2 FY22.
2) Diversified into high precision sheet metal work. Establishing a sheet metal facility at Adibatla, Hyderabad. The co. will be initially catering to ISRO and Bloom Energy. The facility is expected to be functional by H2 FY22.

HDFC Bank Ltd, India’s largest private sector bank by assets, and HDFC Securities Ltd have invested $1 million in Borderless Softtech Pvt. Ltd., a subsidiary of US-based Borderless Investing Inc., which runs Stockal, a global investment platform, as part of the latter's Pre-Series A funding

Result Date
08-Oct-21 TCS
13-Oct-21 INFY
13-Oct-21 WIPRO
14-Oct-21 HCLTECH
16-Oct-21 HDFCBANK
18-Oct-21 LTI
18-Oct-21 ULTRACEMCO
19-Oct-21 ICICIPRULI
19-Oct-21 LTTS
19-Oct-21 NAVINFLUOR
19-Oct-21 NESTLEIND
21-Oct-21 JSWSTEEL
21-Oct-21 MPHASIS
22-Oct-21 HDFCLIFE
23-Oct-21 ICICIBANK
25-Oct-21 HDFCAMC
25-Oct-21 RAMCOCEM
26-Oct-21 AXISBANK
26-Oct-21 BAJFINANCE
26-Oct-21 CIPLA
26-Oct-21 NAM-INDIA
26-Oct-21 PERSISTENT
27-Oct-21 BAJAJ-AUTO
28-Oct-21 BAJAJFINSV
28-Oct-21 M&MFIN
29-Oct-21 CHOLAFIN
29-Oct-21 DRREDDY
30-Oct-21 IDFCFIRSTB
02-Nov-21 DABUR
09-Nov-21 BOSCHLTD
12-Nov-21 AMARAJABA


Get ready with your scrips...

Nestle is at a good entry point. It is a consistent compounder stock. Although the price per unit is a bit high but it has delivered strongly in the past

Bajaj finance may give a good entry at 6980

7000 appeox

If the red line breaks then the blue lines can be easy targets(entry points)

This is the lively spirit which will drive Indian entrepreneurs....

Video from Dinesh Gupta

NIFTY IT-SIDEWAYS 4TH WAVE
TCS- ABC CORRECTION
INFY- A CORRECTION JUST STARTED
HCL TECH- JUST LIKE TCS