How Pratt & Whitney's $8 billion engine recall exposed the weakest link in aviation, and why a 40-year-old forging company from Bangalore is now building the parts the world can't make fast enough
Absolutely, two levers for growth, and both are performing amazingly well. Best part is that unlike some of the other players, it has another 35%+ growing segment to fall back upon.
Personally, just beginning to diversify a little away from AI supercycle stocks as portfolio got super concentrated there!
Since I missed most of every turns, I’m playing Azad on dips only basis with 5+yr horizon as a diversified entity till sectoral specific valuations takes breathe. I’m still not sold on pure play AI Indian equities- picks n shovels are much safer ig
Excellent analysis on Azad Engineering. Do you foresee any Currency risks/headwinds for Azad since most of its customers are non-Indian? It appears that Azad would be able to fulfill its order book in the span of next 5-6 years once its 9 new locations are up and running. Unless if Azad is in the realm of Monopoly/Duopoly then ofcourse non of the currency risks can play a major role.
Fantastic read. Loved how you connected a small technical issue to a global opportunity and highlighted Azad’s positioning without overhyping it.
Great read !! It’s benefitting the most from turbine/engine super cycle globally coz of both AI infrastructure n aerospace backlogs.
Absolutely, two levers for growth, and both are performing amazingly well. Best part is that unlike some of the other players, it has another 35%+ growing segment to fall back upon.
Personally, just beginning to diversify a little away from AI supercycle stocks as portfolio got super concentrated there!
Since I missed most of every turns, I’m playing Azad on dips only basis with 5+yr horizon as a diversified entity till sectoral specific valuations takes breathe. I’m still not sold on pure play AI Indian equities- picks n shovels are much safer ig
Likewise. Playing proxies only, and even within proxies those that have something else to fall back upon
@Decoding Multibaggers,
Excellent analysis on Azad Engineering. Do you foresee any Currency risks/headwinds for Azad since most of its customers are non-Indian? It appears that Azad would be able to fulfill its order book in the span of next 5-6 years once its 9 new locations are up and running. Unless if Azad is in the realm of Monopoly/Duopoly then ofcourse non of the currency risks can play a major role.