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I have been studying about @Kamal_Cement since quite sometime. Looks like a great turnaround story. Sharing my thoughts in this thread. Do share your views about this company. Disclaimer: This is not a stock recommendation. Invest after doing your own research.
Since Apr 2019, the management of the company has changed from Votoranrim Cementos (Brazil) to True North (Indian PE player).
True North is known for investing in early stage companies and turning it around and making them industry leaders in their own verticals.
Anil Singhvi (Ex Ambuja cement boss) is the executive chairman of the company. He is an external advisor to True North and it is believed that he played a vital role in getting this deal to Shree Digvijay. He is largely credited for Ambuja Cement’s success.
Anil Singhvi is a very well respected professional and is known for high standards of ethics and corporate governance. He serves as an independent director in many companies. Given his knowledge about cement industry and corporate governance, @Kamal_Cement can do wonders
The company was making losses since some quarters but ever since the new management has taken over and started focusing on cost management, the company has turned profitable with approx INR 23 crores of profit reported in the first 2 quarters.
If the company continues this trend of profits and makes 45 crores PAT for the full year ended Mar 2020, at a PE of 17, it should reach the price of 50. CMP is ~27. It’s a screaming BUY!
- The new management under the leadership of Anil Singhvi looks excellent.
- The company has started its turnaround story and has been reporting profits since the last 2 quarters.
- Valuation looks reasonable.
- Cement demand is expected to pickup. Q3 and Q4 are good quarters
- The company has started its turnaround story and has been reporting profits since the last 2 quarters.
- Valuation looks reasonable.
- Cement demand is expected to pickup. Q3 and Q4 are good quarters
Up 7.81% today 
Anil Singhvi backed Ican Advisors have bought 635000 shares from the open market on Feb 20, 2020. Wait for some great rally. Multibagger in the making. Keep accumulating.
