hm electro mech (hmeml; bom:544349)

average entry cost: ₹80.49 per share
time period of buying: april 2025

exit period: na. will update when exited.

reasons of buying this company:

market cap ₹100 crores and market cap less than annual sales (₹117 crores [march 2024])

promotor holding at 71% and promotor buying almost 2% more from the open market in february and march of 2025

company works in pumping machineries for water and waste water (a key part of central governments budget and initiative)

ongoing 30+ projects with value of over ₹300 crores

company has sales of ₹220 crores recognized for h1fy25

price to earning: 13