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.

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.