How the mighty has fallen. Breach of the 200 Day moving average is just non negotiable, time to move on to other ideas.
Posts in category Value Pickr
Large Cap investing (07-08-2024)
Hello Chaitanya,
I would like to know your views about the current classification of AMFI.
Now, their Midcap list starts from 27,000 crores and goes up to 82,000 crores and they call all these companies as Midcaps.
Companies like ICICI LOMBARD are also classified as Mid Caps.
I know that, you have suggested to invest in stocks on our own classification, but then we will deviate too much from classic AMFI classification.
Also, our portfolios will be tilted heavily towards Midcaps and Small caps, if we invest most of the funds in companies with market caps in the range of 20K to 100K crores.
My earlier approach was to allocate based on Market Cap or AMFI but things are changing so fast that, even company with 100K Crore may be classified as Midcap tomorrow, which will force large MF(s) to invest more funds in even bigger companies.
This may generate more outflows from companies with Market Cap below 50K crores even though they might be good.
I am finding it difficult to follow this AMFI and NSE classification rules now-a-days.
Just thought of sharing with you.
(Since I invest 65% in Large Caps and 35% in Mid Caps as I am aged and partially retired professional, I am finding it difficult to find investment worthy undervalued or fairly valued companies as per AMFI classification rules.)
Also, I am thinking whether it is high time for AMFI and NSE to realize this and change the classification rules based on more meaningful International standards.
Kirloskar brothers – 100 years old fluid engineering gorilla (07-08-2024)
Q1FY25 Concall Summary
Business Updates
- The company has sold its entire stake in Kolhapur Steel Limited and this will lead to cost savings and a simpler corporate structure
- The growth guidance of double digit revenue growth for FY25 remains intact
Participants
Emkay Global
Mahindra Manulife
Unique PMS
Svan Investments
LIC Mutual Fund
East Lane Capital
Renaissance Investments
QnA
- There are some IT projects that are being undertaken within the organization and these will be one time in nature
- There were some large orders that couldn’t be delivered in this quarter and that led to the lower profitability
- There have been some delays from the American engine supplier which has led to delay in delivery of the larger packages
- There is growth in America from alternative energy and municipal water department. In Europe demand is coming from water sector and services business, In South East Asia demand is coming from data centers and chemicals and in South Africa demand is coming from mining and fire segment
- The belief of the management is to reduce the number of subsidiaries that the company has which should help in lowering costs and improve managerial efficiency
- The focus remains on improving penetration of products in the market and automation within the factories for better productivity
- The company is the only company in the world to get the latest efficiency norms updated on its pumps and focus is to get efficiency which is world’s best and thus the customers can now see it as a company with world class products
- There is a good positivity in almost all the sectors and as far as thermal power is concerned there have already orders that have started to come in
- Both nuclear and thermal power shall play a large role in the incremental capacity addition in power sector which is estimated to increase capacity from current 450 GW to 1000 GW by 2047 and nuclear could play a larger part
- In any project the cost on pumps is around 2% of the total project cost
Kothari Petrochem Ltd~ A hidden moated small-cap company? (07-08-2024)
Any specific reason why stock is up 11% today? Result was very okies as per my understanding .
Sanghvi Movers (07-08-2024)
Q1FY25 results and Investor Presentation
https://www.bseindia.com/xml-data/corpfiling/AttachLive/daa04543-547a-4b9a-accf-9dfb50e0c11f.pdf
Shriram Pistons & Rings Ltd (07-08-2024)
This might be a significant trigger for a company like Shriram Pistons who has the capability to supply for 85% ethanol blending. Currently the state of the art is 85% and if 100% is the regulatory norm, Shriram would be best placed to cater to this segment.
Hopefully we will get to know some insights from the management if there are any active engine projects ongoing.
Vadilal Ice Cream (07-08-2024)
This much fall after overall good result m i missing something?
Is ITI LIMITED worth to buy and hold (07-08-2024)
Seriously dude?
instead of asking others, why don’t you analyse the business and put it up here.
Don’t piggy back others. Investing is not for lazy people.
Star Health & Allied Insurance Company – Leader In Retail Health (07-08-2024)
Star Health and Allied Insurance processed over 100 claim transactions through the National Health Claims Exchange (NHCX), showcasing their dedication to efficient customer service and rapid claim settlement.
Metro Brands – marketing footwear (07-08-2024)
Metro Brands Limited has signed a long-term exclusive Distribution Agreement with New Era Cap Company Limited for the distribution and sale of New Era’s products in India. The agreement includes multiple renewal dates and gates.