Hariom Pipes Ltd: A Capex Play!

Nothing is certain…

My Assumption only comes true, if:

  1. Cash flow improves
  2. Operation stabilize
  3. Above 2 leading to WC normalise & Debt reduce
  4. Operating Lvg + Premium products come into play (which lead to margin expansion)

Sales growth I fell is not at all a concern as they are giving enough growth

If CF Improves & Margin expand… I will be more than happy & satisfied

Disc: Invested & had done transaction in last 30 days