Kaise aa rahe hain paise? (Capital Raise Alert)
Company ne bataya hai ki woh convertible warrants aur equity shares issue karenge, jahan har instrument ki price ₹1,525 rakhi gayi hai. Isme se warrants se lagbhag ₹216.99 crore aur equity shares se ₹3.99 crore aane ki ummeed hai. Bade investors jaise Motilal Oswal Financial Services aur Mukul Mahavir Agarwal bhi ismein participate kar rahe hain, jo company ke future par confidence dikhata hai.
Stock Market Reaction
Jaise hi ye announcement hui, AMIC Forging ka share price 8.23% tezi se badh kar ₹1,759.10 ho gaya. Trading volume bhi kaafi active raha.
Kahan use honge paise?
Ye jo naya paisa aa raha hai, usse company apna financial position strong karegi aur India ke industrial, defence aur railway sectors mein expansion ko boost degi. Government bhi in sectors par focus kar rahi hai aur investments badha rahi hai.
Valuation ka Game (Brokerage Radar)
Par ek cheez dhyan dene wali hai, AMIC Forging ka valuation thoda high lag raha hai. Iska P/E ratio lagbhag 55x hai, jo India Metals and Mining industry average (23.4x) aur peers (50.5x) se kaafi upar hai. Jaise MM Forgings ka P/E 23.36x, Happy Forgings ka 47.65x, aur Bharat Forge ka 116.18x hai. Book value per share ₹205.26 ke hisaab se P/B ratio bhi lagbhag 8.5x hai. FY25 mein revenue thoda kam bhi hua tha, jo sector ke overall growth se alag hai.
Future ki Chinta (Dilution Alert)
Iss preferential issue mein convertible warrants bhi hain, jiska matlab hai ki agle 18 mahine mein existing shareholders ke liye thodi dilution ho sakti hai, jo EPS ko affect kar sakti hai. Company apna authorized share capital bhi badhane ka plan kar rahi hai, jiske liye EGM June 5, 2026 ko hogi.
Market cap ₹1,946 Cr se ₹2,010 Cr ke beech hai, jo industry leaders se chhota hai. Zyada P/E ratio ka matlab hai ki future growth already stock price mein priced in hai, isliye execution mein koi gadbad nahi honi chahiye.
