My notes

Not all sectors are free to hide

If you see valuations of capital goods, power, infrastructure, psu, railway’s doesn’t give me any comfort to enter them…

Of course there are certain stocks that might do well but the big question here is

Will FII or DII buy such expensive companies?
They too will think and calculate the risks and upside left for the stock…

Of course if any HNI or DII/FII has bought this stock at a far very cheap price they would tend to average at some correction

But what about those who are waiting on sideline?
From sectors point of view I see

Auto
Chemical
Pharma

Are still normal to cheap level depending on each company.

Defense is a big opportunity however what are in defense

Drone
Anti Drone
Radar
Aerospace

These would do definitely well

Value-add target in new PLI scheme for electronics manufacturing may double

Good news for EMS sector-One more PLI expected (4th in series )

In a move to deepen manufacturing in electronics in India, the Centre is targeting 35-40 per cent value-addition through the yet-to-be launched production-linked incentive (PLI) scheme for electronics components, sources in the government told Business Standard. This target implies doubling of value-addition from the current levels of 18-20 per cent in the case of electronics manufacturing through various incentive schemes.

Anyone tracking, aware of any news other than small purchase by promoters ~1% ?

(to me, this is a small purchase by insiders)

What changed for Kriti recently, Stock surged baffling ~60% in a week !

Which thingy is driver of this rally ?

Brothers, I have 1000 unlisted shares of Vikram Solar. Till recently, the website from where I buy these shares has been after me to buy (more) at arount ₹250. Their argument was that the company had sold some equity at ₹180 to some investor, so it will not go down from there. It did.
The current price is around ₹220.
Now I have received a notice of their Extraordinary meeting where the company is offering these shares in many lakhs per such ‘non-promoter investors’ at ₹122.
My question is about legality of the company’s action. If it is offering at a certain price to some investors, shouldn’t it do the same in the case of all ‘non-promoter investors’? The question is about legality of the company’s action.
The company is coming out with IPO soon, their DRHP has been filed. So, before the IPO it sells to some entitities at ₹122, and may well come out with the issue at a much higher price. Clearly a case if undue enrichment?

They are currently working on diversifying the business away from the usual end user industries. Which increases their terminal value and makes them less volatile. Optionalities have increased which should be something a Long term investor should like