Companies with multiple growth engines

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Do check Rane Madras. Have updated the thread

Rane (Madras) Ltd

A lot has happened in last 6-8 months which makes Rane Madras an interesting play. Company has divested its loss making US casting business. Has setup an unit in Mexico to export to US players. North American Free trade agreements give preference to local presence. So manufacturing happens in India and and assembly/machining in Mexico. This should add 250cr to topline to start with. Biggest is merger of Rane Brake and Rane Engine valves with Rane Madras. This will help in number of ways- Larg…