markettrend766
15-09-2008, 05:48 PM
Pitti Laminations is one of the largest manufacturers of electrical laminations which find application in aeronautics, medical diagnostic equipments, windmill generators, train lighting generators and in many types of motors. The company supplies import substitute laminations for encoder motors of multinational giants like Siemens and GE, and is also only manufacturer of large diameter laminations of 51 inches and is well placed for the nuclear ‘boom’ in near future. Post commissioning of its new plant the company is on high growth trajectory and has posted excellent Q1 results. Buy this value stock at current levels for target price of Rs100.
Markettrend766
Markettrend766