Forget the ₹10,500 cr in Investments, forget the Superalloy division, the core speciality steel is good enough
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A legacy specialty steel business, built around decades of supplying the auto industry, is quietly developing a very different capability in superalloys for aerospace, defence and nuclear applications. The interesting part is not just the optionality, but the possibility that the old business itself is entering a meaningful capacity expansion cycle.
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Log In To SubscribeDisclaimer: This report is for educational purposes only and does not constitute investment advice. We may own securities discussed in this report and may buy or sell them without notice. Readers should assume that we are invested and may be biased.
First Principles Research is not registered with SEBI as a Research Analyst or Investment Adviser. Please do your own research before making any investment decisions.
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