1000 per cent returns already: Vijay Kedia's portfolio multibagger stock announces explosive new plan!
The stock has surged over 1000 per cent within 3 years.
Affordable Robotic and Automation Limited (ARAPL), a leading provider of industrial automation solutions, has announced a series of strategic initiatives designed to fuel its growth and solidify its position as a pioneer in the robotics industry.
Key highlights include:
- Foray into Machine Shop Automation: ARAPL will pilot two power train robots in December 2023, targeting an estimated Rs 40 crore in FY 2025 revenue.
- India's First Mobile Robotic Multilevel Car Parking System: In collaboration with its subsidiary ARAPL RaaS, ARAPL will unveil this innovative parking solution in December 2023, setting a new benchmark for efficiency.
- Rights Issue to Fuel Growth: ARAPL will raise Rs 48 crore through a rights issue, allocating Rs 38 crore to ARAPL RaaS and Rs 10 crore to support its working capital needs.
- ARAPL RaaS Makes Waves with Zeus Robot and USD 30 Million Valuation: ARAPL RaaS secured USD 0.6 million in CCD funding and showcased its Zeus robot at Promat 2023.
- ARAPL RaaS to Debut Atlas and Maia Robots at Modex 2024: ARAPL RaaS aims to further establish itself globally by showcasing its latest robots at the leading US trade show.
- ARAPL RaaS Invests in Self-Sufficient Manufacturing: The company is developing in-house motors, drivers, and powertrain units for independent robot manufacturing by September 2024.
- Strong Business Development: ARAPL RaaS has secured USD 1.5 million in purchase orders and expects an additional USD 10 million by January 2024.
The stock has surged over 1000 per cent within 3 years.
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These initiatives reflect ARAPL's commitment to:
- Innovation: ARAPL continuously develops cutting-edge automation solutions, including the Zeus carton handling robot and a mobile robotic car parking system.
- Strategic Growth: The company is expanding its revenue streams through new business lines like machine shop automation and investing in its subsidiary ARAPL RaaS.
- Financial Strength: ARAPL is raising capital to support its growth initiatives and enhance its market presence.
- Global Reach: ARAPL RaaS is actively expanding its international presence through partnerships and participation in major trade shows like Modex 2024.
Looking ahead, ARAPL is well-positioned for continued success in the rapidly evolving robotics industry. Its focus on innovation, strategic investments, and global expansion positions the company as a leader in the field of automated solutions.