The company is expanding its distribution channel continuously. The company’s products have been successfully placed on “BigBasket”, an online grocer in India owned by
Innovative Retail Concepts Private Limited. This strategic initiative is in line with the strategy of expansion of distribution channels.
SSFL_14062024173337_Reg_30_Discl_placement_of_Products_on_Bigbasket.pdf (286.9 KB)
Posts in category Value Pickr
Srivari Spices and Foods Limited (15-06-2024)
Mutual fund guideness required (15-06-2024)
See below their commentary on psu banks in Jan 2024. Worth noting bullish remarks on psu banks “PSU banks can double from here”.
Below article appeared in June this year where they disclosed they exited psu banks. So clearly these are trading calls they are taking as fundamentals of a basket of companies in a sector don’t change that much in 5 months that they go from “can double” to not worthy of being in portfolio.
Priyank’s Portfolio (15-06-2024)
15th June 2024
| Names | Invested % |
|---|---|
| PPFAS🔒 | 23.8% |
| Triveni Engg | 8.0% |
| Ami Organics | 7.9% |
| Sansera Engineering🔒 | 7.9% |
| Exide Industries | 6.0% |
| Gokaldas (GOKEX) | 5.2% |
| Lupin | 4.4% |
| Shriram Piston | 4.0% |
| Astec Lifesciences | 4.0% |
| Sudarshan Chem | 4.0% |
| Craftsman | 4.0% |
| Shyam Metalics | 4.0% |
| TATA Motors – DVR | 4.0% |
| Old Bridge | 4.0% |
| L&T | 3.7% |
| Ion Exchange | 2.9% |
| Rolex Rings | 2.3% |
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There aren’t many/major changes. Sitting on cash as in the last few weeks. Haven’t deployed it during the 4th June crash. Would like to see more clarity.
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Exited NOCIL, Creative Newtetch, SJS. For the first two, I don’t think it’s worth the risks (nothing wrong with biz BUT there are better spaces to deploy capital). In the case of SJS, I was hoping for a better valuation and had been tracking it. However, after the results season, not sure this is happening anytime soon. I will re-evaluate whenever I get time.
Disclaimer: I am not a SEBI registered advisor or analyst. This is my personal view and not a recommendation. I am often wrong and do change my views without being able to inform anyone.
Marico Kaya (MaKE) (15-06-2024)
Special situation –
- Kaya have hived off loss making international operations
- Plans to be debt free business in next two quarters with total debt 195 cr being repaid by 50cr sales proceeds of international business and remaining 145cr through rights issue.
- India operations having decent growth and EBITDA margins of 28% should command good valuations hence getting rerating
- All india stores are profitable and guiding for rapid expansion.
- Needless to say promoters are Marico owners.
Disc – Invested this week.
SPML Infra Ltd~ A turnaround bet in Water Infrastructure industry? (15-06-2024)
Definitely, both these companies, especially Wabag has strong patents & better track record warranting a higher valuations multiple.
I picked Wabag & EMS as a comparative given their presence in the same industry & similar set of customers.
The Anti-Portfolio (15-06-2024)
Hi. Would it be possible to share the reasons for exiting Phantom?
Smallcap momentum portfolio (15-06-2024)
@visuarchie Sir,
Please find list for 18 June 2024
JAIBALAJI
COCHINSHIP
ANANDRATHI
HUDCO
MOTILALOFS
BLUESTARCO
JWL
SOBHA
POWERINDIA
SCHNEIDER
EXIDEIND
NBCC
SIGNATURE
CENTURYTEX
KPIL
AEGISLOG
APARINDS
GODFRYPHLP
SWSOLAR
EIHOTEL
A—>Z sorted
AEGISLOG
ANANDRATHI
APARINDS
BLUESTARCO
CENTURYTEX
COCHINSHIP
EIHOTEL
EXIDEIND
GODFRYPHLP
HUDCO
JAIBALAJI
JWL
KPIL
MOTILALOFS
NBCC
POWERINDIA
SCHNEIDER
SIGNATURE
SOBHA
SWSOLAR
Please check and verify
Investing Basics – Feel free to ask the most basic questions (15-06-2024)
Refer to this link
Tata Chemicals Ltd (15-06-2024)
Despite the slowdown in the chemical sector and the disappointing reactions to Tata Sons’ IPO on the stock price, how is the business outlook? Is it at least good in this aspect?