Strong Momentum Pick
🎯✅🎯AGARWAL TOUGHENED GLASS ( NSE)- Test 250 Long run / short run sl 105
⏩Co mfrs Toughened Glass, IGU & Laminated Glass for Airports, Offices, Hotels, IT Park etc
⏩ 🎯EBIDTA Margin 31% & PAT Margin 21% are The Highest Part of IPO money being used to repay Debt will help increase margins further
⏩ In H1 capacity utilisation only 58%. Part of IPO money for working capital helping to improve Capacity utilisation
⏩♐H2 Rev & PAT to rise 90-100% Vs H1
1️⃣Co has already bought Land for Unit III which will help to increase capacity of Toughened Glass by 60% & IGU by 200%.
3️⃣At optimum capacity co can achieve 225 Cr Rev in 3 years
4️⃣✅Strong Cost Efficient promoters set to increase Co's Mcap 3x
# A GOOD BUY
20 % upper candidate
🎯✅🎯AGARWAL TOUGHENED GLASS ( NSE)- Test 250 Long run / short run sl 105
⏩Co mfrs Toughened Glass, IGU & Laminated Glass for Airports, Offices, Hotels, IT Park etc
⏩ 🎯EBIDTA Margin 31% & PAT Margin 21% are The Highest Part of IPO money being used to repay Debt will help increase margins further
⏩ In H1 capacity utilisation only 58%. Part of IPO money for working capital helping to improve Capacity utilisation
⏩♐H2 Rev & PAT to rise 90-100% Vs H1
1️⃣Co has already bought Land for Unit III which will help to increase capacity of Toughened Glass by 60% & IGU by 200%.
3️⃣At optimum capacity co can achieve 225 Cr Rev in 3 years
4️⃣✅Strong Cost Efficient promoters set to increase Co's Mcap 3x
# A GOOD BUY
20 % upper candidate