IRB InvIT has declared June 2024 toll collections which have increased ~3% y-o-y. The increase in toll collections has been tepid in April and May as the annual toll rate hike was deferred due to the model code of conduct being in place for the elections. The toll hike was finally implemented on 3rd June and despite this even June toll collections have registered a tepid increase y-o-y. Can anyone throw some light on the reasons behind this?
Posts in category Value Pickr
IZMO- bet on new technologies in Auto retail & defence (11-07-2024)
- Izmo’s ROCE of 8.5 against the Software industry average of 13%.
- now through geronimo it can reach 4K dealers through 35+ countries.
- Cant understand the frog data valuation. while trendlyne gives nice valuation score ( which i think may not be right always)
Since yesterday HFTs have became active at the counter. CMP has gone nuts in past week, is it only me who thinks information is scarce on IZMO ?
While i am enjoying the ride, still a rookie. What am i not reading which i should, fellas ?
D-Holding.
HDFC Bank- we understand your world (11-07-2024)
HDFC is a bank which is a commodity business. Best banks are those which contain non-performing assets which HDFC Bank has done superbly over the years.
Universal banks in India need to have only one strategy, reduce the cost of funds while managing risk in loans book.
HDFC’s merger with the bank has increased its CD ratio >100% and it is putting pressure on the bank to increase its deposits at a time when there is a competition among the bank’s to garner deposits. Their timing is unfortunate. However, these are 2-3 quarter issues.
Private bank’s (and quality NBFCs such as Bajaj Fin) underperformance in last three years mean now they offer very good value in a very overvalued market. Their balance sheets have continued to grow, without increase in NPAs. They are well capitalised.
I think it is a time to get into these businesses (HDFC, Kotak, Bajaj etc), not out. Off course nobody knows when they will catch fancy of the market, they still remain great franchises available at fair prices.
Dis.- Invested in Kotak, HDFC Bank, Bajaj Fin
Red Tape Ltd. – The next fashion giant? (11-07-2024)
Hey, I tried visiting Redtape outlets in South Delhi but unfortunately most outlets had either closed or were just selling the clothes alongside other brands. I went to three stores based on google maps – one in Ansal plaza had closed (like most other stores in AP, including decathlon), two others in Lajpat Nagar were selling only clothes alongside other brands. The owners told me Shoes are only sold in Red Tape exclusive stores while clothes are being sold in multi retails stores as well.
Not sure how to interpret this change. Any inputs regarding these changes? Is it for efficiency or are they cutting down the costs or some other factor
E2E Networks Ltd – Listed small Cloud computing player (11-07-2024)
Pricing power might be uncertain going forward. Please share insights from industry experts.
52 week highs and all time highs strategy (11-07-2024)
Sir wt is the best practice .or best way to reduce the Risk .retailer participants like us might be trapped in these kind of breakout setup for some time (it might be time correction or price correction or both no one knows ).
1-what are the main thing we need to consider to while entering to multi year breakout or
2-or All time High break out
personally am not holding symphony the one who enter @ 1200 level .the one who brought at Breakout only seen the high green candle with large volume is a buy .(he don’t have any clue who is exchanging, buyer is strong or not ).kindly give some insight about the same
1-which is working perfectly in some other stocks (may be 10 % ) to avoid such Trapp (not Trapp some kind of retracement but we don’t know how long it will last ) what should we do