You should put into

1. UTI nifty 50 index fund
2. UTI Nifty Next 50 Index fund
3. UTI nifty 200 Momentum 30 Index fund
4. Tata Midcap 150 momentum 50 index
5. One multicap
6. one focused fund
   This will cover all the varieties available in the mutual funds segment, Index, Factor , all Market caps will be covered.

Widening tha gap between LGD and Natural diamond prices, this could become volume game. Due to this the margin may get reduced in the short to medium term but it’s an aspirational thing and bound to grow in the long term.

Disc – Invested and may be biased.

Company has announced a De merger and Siemens Energy India Limited ( SEIL) , a new entity is being formed. All share holders of Siemens will be allotted shares of SEIL, in the ratio of 1:1 . This demerger will be completed by 2025.

Well the results are out and while QoQ recovery continues, YoY are not great yet. My key take away is that they concluded the year with EBITDA exceeding Rs. 984 crores, fulfilling their earlier commitment, and said that they are sticking to the EBITDA guidance for FY25.

Though there are still multiple headwinds to contend with i.e. declining global demand, inventory adjustments, and economic slowdowns, geopolitical tensions, particularly in the Middle East, disrupted logistics and increased freight costs, they are anticipating continued growth due to a predicted recovery in discretionary segments, signs of revival in non-discretionary portfolio, operational efficiencies, and contributions from new contracts. Growth plans are on track, with several projects set for commissioning this year, and Chloro Toluene project expected to start in phases in FY26. Long term story is intact !

Audio Recording of the Quarterly Earnings Conference Call on the Audited Financial Results of the company for the quarter and year ended March 31, 2024
Link: https://www.aarti-industries.com/upload/files/aarti-industries-q4-fy24-earningscall-audio-recording.mp3

Competition from Airtel