Posts in category Value Pickr
BSE (Bombay Stock Exchange)- Bet on Financialization? (07-08-2024)
Did i say the numbers are going to be outstanding? Yes, now we have official confirmation.
Snap shot of standalone numbers along with comparison with March 2024:
Revenue up by 30% and Profits up by 120%!
See the press release here.
AJ
Disclosure: Remain invested and added recently.
Sanghvi Movers (07-08-2024)
Deep cyclical stock experiencing seasonality. Such a massive reaction is a bit unexpected, almost as if the market expects the beginning of a down cycle.
Looks like another bad quarter coming due to monsoons, should make this stock a value bet if prices continue to free fall. If they achieve 590 cr as per the deck, they’ll still close the year at around 18% topline growth.
The org restructuring is interesting as well.
Shivalik Bimetal Controls Ltd (SBCL) (07-08-2024)
Also puzzling is the fact that they say margin is hit due to increase in raw material costs. In the face of increase in raw material costs they had to reduce finished goods prices.
Kothari Petrochem Ltd~ A hidden moated small-cap company? (07-08-2024)
Company is operating at full capacity…still it has reported slightly higher revenues & higher margins.
They will increase the capacity by 25% in this year which will most likely be fully utilised.
So results were pretty good. But not sure about why stock is up today
Sanghvi Movers (07-08-2024)
During the previous 2 quarters, performance did not meet expectations, leading to widespread negativity among stakeholders. Previously, the sentiment towards our company was overwhelmingly bullish. This shift in outlook suggests that the forum may be more aligned with traders’ perspectives rather than those of long-term investors.
Sanghvi Movers (07-08-2024)
Should not you wait to hear the management side?
Devyani International : Can it be a repeat of Jubilant Foodworks? (07-08-2024)
Negative SSSG in India business and no clear path to improvement