Rocky_Chow

Nava, a blue sky idea

Long
NSE:NAVA   NAVA LTD
Nava is one of the strongest stocks in the market...Company is having a profitable turnaroud in its Zambia operations wherein the govt. entity ZESCO, has begun honouring an arbitration award won by Nava and the power tariff issue has also been settled.. further, as per screener this has less than 50,000 shareholders which I think is pretty low for a 7500 crore market cap company where public is having 42% ownership.. with 40% + operating margins, increaing profits, major litigation over and done with, growth and capex plans set by management and the arbitration money flowing in, debt becoming neutralized with it and still very cheap ...this might still have significant headroom left... just keep a rational stoploss and ride the trend here

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