thanks for this update…
Its good that immediate relief is granted, but we need to wait for management commentary on how exactly this blending CPC delay will impact, However overall its positive development in this segment for Rain.
I’m not sure why Pabrai exited this stock even while this relief was given by court, But it makes sense to wait for one more year at least in this stock to see the benefits of US rates to be decrease and operational benefits of this increased volume.
Posts in category Value Pickr
Rain Industries – An oversold de-leveraging play (17-07-2024)
Triveni Engineering & Industries – A deep value Opportunity? (16-07-2024)
Now, we can understand the Businesses of Triveni Engineering: From FY2019 to 2023 (Last 5 Years)
- Gross revenue was increased by 19% CAGR
- Non-sugar business from 21% to 34%
- EBIT was increased by 17.5% CAGR
- Sugar contribution on EBIT was decreased from 66% to 49%
- ICRA credit rating is AA (stable)
Way Forward:
- Investment towards debottlenecking.
- Enhancing crush rate, currently 10.9%.
- Higher production of refined sugar
- Manufacturing, marketing, and selling own brands in the premium segment of IMFL as a forward integration of distillery operations. The company introduced two IMFL brand , Matsya has an annualproduction 4.20 Ltr and the Crafts stamp premium one 1.35 Ltr PA.
- Investment of Rs 100 Cr in higher margin business of “Power transmission” and expected to be completed Dec2024.Capacity enhancement in terms of revenue from Rs 250 Cr to Rs 400 Cr.
Poor Charlie’s Almanack: The wit & wisdom of Charles T Munger (16-07-2024)
Audio book is also there
Building a Community: Rule-based objective approach to fundamental long-term investing (16-07-2024)
One simple strategy explained by Abhishek Basumallick
Stock Market में शांतिपूर्ण Investing Journey कैसे करे ?? #Face2Face with Abhishek Basumallick
Maithan Alloys Ltd (16-07-2024)
NSE shares are 4000/share right on the unlisted segment.
Maithan Alloys Ltd (16-07-2024)
NSE shares are 4000/share right on the unlisted segment.
Rain Industries – An oversold de-leveraging play (16-07-2024)
@Srinidhi_Adiga Any thoughts on this?
Rain Industries – An oversold de-leveraging play (16-07-2024)
@Srinidhi_Adiga Any thoughts on this?