Born to beat - beginning of my journey to identifying potential multibagger from indian stock market

 Company Background Established in 1975, Pennar Industries Limited is a leading engineering organization with expertise in providing engineering products & services. It manufactures precision engineering products like cold-rolled steel strips, precision tubes, railway wagons/coaches, pre-engineered building systems, sheet metal components, road safety systems, hydraulics and warehousing solutions. Pennar offers products and solutions through four strategic business units: i) systems and projects ii) industrial components iii) precision tubes iv) steel products And three subsidiary companies  Pennar Engineered Building Systems Limited and  Pennar Enviro Limited.   PENNAR  RENEWABLES PRIVATE LIMITED. Pennar Industries Ltd (Pennar), a manufacturer of engineering products, is well poised to capture the growth potential envisaged in the solar, railways and pre-engineered building systems industries. It is expected to be a direct beneficiary o

Andhra Petrochemicals Ltd., incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 305.47 Crore) operating in Chemicals sector. The Andhra Petrochemicals Ltd. (APL) was promoted by The Andhra Pradesh Industrial Development Corporation (APIDC)  and  The Andhra Sugars Ltd (ASL) in   1984 as joint sector Company. Subsequently the structure of the Company has changed into an assisted sector Company with ASL being the major share holder. Andhra Petrochemicals' oxo-alcohol s facility in Visakhapatnam, in the state of Andhra Pradesh, is the only producer of oxo-alcohols in India and accounts for 30 of the market.  It produces isobutanol, 2-ethylhexanol and n-butanol. The facility began its operations in 1994 with an initial capacity of 30,000mtpa. Over the years the company enhanced its production capacity to 39,000mtpa. The estimated investment in setting up the facility was about $50m. Plant expansion :-   In March 2007, Andhra P