It does not. I have found this forum and the annual reports to be the major source of my learnings about this company. Was led here from my screen which looks for small-cap turn around companies. The company is severely undervalued, though the value added by the company (in terms of its products) is low, the small size of the company wrt the market makes it an attractive stock to own imo. The downside is really limited compared to upside. They provide auto parts like Gears and shafts for export to international 2-wheelers and tractors both of which are one of the more robust segment among vehicles. They have long-term relations with reputed auto-makers. When the economic cycle turns and auto sector turns, RACL would have good tailwinds manifesting in a larger earnings expansion and valuation expansion and I’m excited to hold until the company remains a value creator and also add until then.
Disc: invested, full portfolio is on this thread.