Saji's portfolio

(Saji John) #81

As you mentioned the receivables are going up. The Mr Malhotra explains that in the april 27th issue of Outlook magazine as mainly due to demonetization and they are expecting the GST benefit to help them tide over. Being a small company they have constraints in getting good credit line. Over all the management sounded very confident, efficient and forward looking. What encouraged me is the fact that being a small company, they are always looking for opportunities…now they have started working for defense services and their initiatives in doing business globally.

(ramanhp) #82

I know remember reading that in his Outlook Interview as well. I like their niche business and defence could be a huge opportunity. I am still watching and it is just a chance that markets now offer very attractive valuations.