Nav_1996 portfolio - Suggestions needed

[nav_1996]

Added Rane Brakes < 1% by trimming bit of Marico. Intention is play emerging manufacturing theme with well established and entrenched player

Thesis on Rane Madras board

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…