[T.S.R:17456] Kennametal India Targets Aerospace, Defence Engineering; At 20XJune11 EPSe of Rs 40- stock should trade at Rs 800

Santanoo Medhi

Managing Director

Kennametal India

 

We serve almost all the sectors in manufacturing. We are definitely looking at amongst all other segments, Aerospace, Defence and Energy sectors to increase our business. We are expanding our offerings in terms of product portfolio and increasing our engineering presence so that we can offer customised solutions that will even further enhance the competiveness of our customers.

 

We are bringing to India globally proven solutions that have been tried and tested within the sectors, in other parts of the World by our Principal, Kennametal Inc. We are also improving our manufacturing capacity and capability so that we can serve the growing market.

 

Based on the first half numbers 60 per cent of Kennametal's Revenues come from Transportation and Automotive sectors, 6 per cent come from Aerospace and Defence, 10 per cent from infrastructure such as Power Generation, Mining, Energy and General Manufacturing industry.

 

Energy, Aerospace and Defence bring us very exciting growth because energy requirement is increasing. Defence is going through overall modernisation but the demand though growing is unquantifiable.

 

 

Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.

 

Nothing in this article is, or should be construed as, investment advice.

 

 

 

 

 

--
For Anything related with Stock market be Online at
http://www.niftyviews.com/
 
Get free updates on your mobile phone. Sms "Join TSR " and send to 09223492234
 
FOR TRIAL STOCK/NIFTY/OPTION CALLS
 
 
You received this message because you are subscribed to Google Group "STOCKRESEARCHER" group.
To post to this group, send an email to STOCKRESEARCHER@googlegroups.com
 
To unsubscribe email
Stockresearcher-unsubscribe@googlegroups.com
 
for more info visit
http://groups.google.com/group/STOCKRESEARCHER?hl=en-GB
.
This is Not a Spam Mail.
Disclaimer :-
"The opinions expressed by the members on this board are based on
their individual experience and perceptions and to share information
with other members with the best of intentions to help fellow members
in investment decisions as equity investment is a risky venture."