2 Likes
Unimech Aerospace and Manufacturing Ltd. A good proxy for the nuclear theme: they manufacture electromechanical subsystems for nuclear reactors.
They see healthy growth in the segment in coming years
Wide Space to Compete in Various Component
800 Cr bid was done in nuclear space, with 20 to 30% potentially qualifying.
This is a big positive. Read this
https://www.wsj.com/economy/canada-india-strike-1-9-billion-uranium-supply-agreement-as-they-firm-ties-b025d2ca
I was more keen on finding instruments in India but I reckon there are none right now.
Also unable to find any undervalued bets in this sector. Doesn’t make sense to invest in L&T, BHEL to play on nuclear. I was interested in MTAR but valuations are through the roof. Will keep looking.