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Thursday 14 July 2016


*Galada Power Bse code 504697*: You may buy for your personal portfolio as Dark Horse. We have met the mgtmnt. May take a week to prepare detailed report.
Co in biz of aluminium conductor used for power transmission( same as Apar Industries). Presently co is doing job work for Sterlite as co don't hv funds for Bank guarantee. As a result, topline is not big. However co has surplus noncore assets worth 60 crores. There are MANY corporate triggers. Co is on the cusp of take-off. Barring unforeseen circumstances, stock can be Rs 40-50 in 3-6 months maximum. There is a possibility that stock can be 150 in 24-30 months. Current mktcap is 16 crores( against Surplus noncore assets of 60crores). Stock dirt cheap. *This power ancillary poised for multibagger appreciation*

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