Recently hived off from triveni engineering is a high ROE business. Provide steam turbine solutions to various industries. Worth a detailed study. Could be next thermax.also has a JV with GE for 30 to 100 MW turbines. http://www.triveniturbines.com/PDF/Triveni%20Turbine%20Ltd%20Corporate%20Presentation%20.pdf
FY 12 ROE was as high as 133%
lkp’s report http://www.valuenotes.com/uploads/article_pdf/LKP_Triveni%20Turbines_6th%20Nov%202012.pdf
Nirmal bang’s detailed report http://www.nirmalbang.com/Upload/Triveni%20Turbines%20Ltd%20%20-%20Stock%20Idea.pdf
Our dear sri sri tulsian jee has recommended as his multibagger
Sri sri tulsian jee is everywhere) )
It looks like a great stock with good safety of margin at right price.
There might be temporary slowdown for a year or so but other than that this should fly like
a rocket once economy starts moving up.
Thanks,
Ravi