Avinash Gorakshakar’s Value Pick

By | 19th May 2018

Avinash Gorakshakar’s Value Pick

Avinash Gorakshakar of Joindre Capital Services has chosen the stock of the top class as a value pick and advised to buy it from the next 12 months perspective. He believes that in the next 12-15 months this stock can achieve the target of 140 rupees.

Avinash Gorakskar said that the Nelcast produces gray iron castings and SG iron castings. Nelcast has business in medium and heavy commercial vehicles and tractor segments. Nelcast works for the Railways and Metro Rail Projects. In the financial year 2017, the company’s income was Rs 574.55 crore, while the profit was Rs 33.98 crore. Tata Motors, Ashok Leyland and clients of Mahindra & Mahindra Company. 5 percent of the company’s income comes from the export. Nelcast exports to Sweden, North America and Australia. Regulatory changes to BS-6 fuel will benefit the Nelcast.


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4 thoughts on “Avinash Gorakshakar’s Value Pick

  1. Cheryltic

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