Forging is a unique industry.
While investors are frantically buying up stocks of companies with strong brand name products, businesses are queuing up to acquire brands and brand name companies. The software revolution has taken the Indian business by storm and generated incredible amounts in shareholder value on the capital markets. An unheralded revolution in telecommunications has made this possible. However, this has largely gone unrecognised by the capital markets. The day-traders on Nasdaq too quickly move in and out of the internet scrips, driving up the prices to crazy, irrational levels in the bargain.