#mystockpitch
$Kennametal India Ltd
1)A MNC company which manufactures tungsten carbide based consumables, tools & holders which are used in metal cutting operations like turning, drilling, milling, threading & in other precision machining operations.

2) Its products are primarily used in defence industry in a big way, in space industry (in mfg of various satellite parts), in mfg of automotive parts, aircraft parts & in MRO services, Mfg repair & maintenance of Nuclear, thermal & gas based super critical turbines & generators and in general engineering industry.

3)I believe we are at the beginning in revival of capex cycle in all of the above mentioned industries. The company being a sector leader in India will stand to gain immensely.

4) The company was in capex mode since last three years in modernising it’s plant & machinery all this from internal accruals. it’s a debt free company.

5) The company has always maintened healthy operating margin levels even in volatile times.