Ok…Thanks a lot…I will check it out
Posts in category Value Pickr
Chatha Foods – A proxy play for QSR (15-04-2024)
The thesis in nutshell is as follows:
- Its a proxy play for the QSR Industry expected to grow at 20% CAGR
- Big clientale names: CCD, Subway, Dominos, Burger Singh, Wok express etc.
- Capacity utilizartion is 68% (Non-Veg) 27% (Veg)
- Marging is sustainable and expected to improve from next year.
- Newly annouced entry into North India QSR market.
- Good interest from investors. Already 17.67% is held by DIIs. Low float may work for it.
Anti-Thesis pointers:
- Competition from both organized and unorganized players may erode the margins. (H1 OPM was 9%)
Tamilnad Mercantile Bank Ltd (TMB Ltd) – An undervalued pvt. sector bank? (15-04-2024)
RBI rejects Tamilnad Mercantile Bank’s proposal for CEO candidate
Bank has been asked to submit “fresh panel of candidates with suitable experience” for the position of chief executive
Source : Business Standard, 13 April 2024.
Premier Explosives (15-04-2024)
Is this information published somehwere by the management?
Archean Chemical Industries Ltd (15-04-2024)
I searched but could not find it
Tara Chand Infralogistic Solutions Ltd (15-04-2024)
Yes, you can check nse website lot of companies follow such trends when they migrate to the mainboard.
