Does anybody know what’s happening here? Is this sustainable?
Disc: no positions. Just curious.
Posts in category Value Pickr
Atam Valves Ltd (AVL) (04-04-2024)
Their entry into highly competitive B2C bathroom fittings segments seems like a distraction from their core competency. Seems like family decision to give next generation some experience in new area, but at the cost of minority shareholders. So exited completely post last concall
Is Buy and Forget a Myth? (04-04-2024)
Icicidirect offers 9% per annum. Lowest one across all. Negative point is brokerage is .1 %. Best strategy is start with 5% of your PF in MTF. Hold position for 2-3 months, look for 20-30% return. Than u can take a decision to convert to delivery or square off. Trade less with large holding periods.
Note: avoid all hot stocks which are in momentum else u will burn your fingers. Its just equivalent to buying cheap assets on leverage and waiting for markets to recognize and reward. Do a proper fundamental and technical study for anything you are adding in MTF.
HDFC Bank- we understand your world (04-04-2024)
- Gross Advances: The bank’s gross advances totaled approximately ₹25,080 billion as of March 31, 2024, showing a growth of about 55.4% over the previous year and 1.6% over December 31, 2023. Domestic retail loans saw significant growth of around 108.9%, while commercial & rural banking loans and corporate & other wholesale loans also increased, albeit at lower rates.
- Deposits: The bank’s deposits amounted to roughly ₹23,800 billion as of March 31, 2024, exhibiting a growth of about 26.4% over the previous year and 7.5% over December 31, 2023. Both retail and wholesale deposits increased, with retail deposits growing by around 27.8% and wholesale deposits by about 19.4% over March 31, 2023.
- CASA Deposits: CASA deposits reached approximately ₹9,090 billion as of March 31, 2024, showing a growth of about 8.7% over the previous year and 8.8% over December 31, 2023. The bank’s CASA ratio decreased slightly to around 38.2% compared to the previous year. https://www.bseindia.com/xml-data/corpfiling/AttachLive/fa62e3ee-b207-4078-b16a-be97b3f4300d.pdf
Action construction equipment ltd (04-04-2024)
Short Answer is a Big No.
They will continue to do well. But CMP is at a premium PE now. I expect a time correction now at this range. Further increase will take some time.
Disclosure: Invested in Family Accounts.
Action construction equipment ltd (04-04-2024)
Short Answer is a Big No.
They will continue to do well. But CMP is at a premium PE now. I expect a time correction now at this range. Further increase will take some time.
Disclosure: Invested in Family Accounts.
Auto Industry in India – We had a chequered Past, can we expect a bright future? (04-04-2024)
After India’s New EV policy, Can Tata Motors , Maruti Suzuki Share price Crash?
.
An intersting analysis from the authors of equity masters.
In March 2024, the Indian government approved the new EV policy, under which import duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of US$ 500 m.
The companies that would set up manufacturing facilities for EV passenger cars will be allowed to import a limited number of cars at lower import duty. Duty of 15% would be levied on vehicles costing US$ 35,000 and above for five years.
Which means that India now has no restrictions on the import of electric vehicles from any country, including China, under a new EV policy.
However , in India Tata Motors is the market leader in EV cars – It has developed an ecosystem in India which is doing well at Present- Tata UniEVerse, is an ecosystem that will leverage group synergies, from companies such as Tata Power, Tata Chemicals, Tata Autocomp, Tata Consultancy Services (TCS), Tata Digital, Tata Elxsi and Tata Motors Finance.
And Maritu Suzuki with all proven capability in car industry since 4 decades has just started its work on EV.
Will they (both Tata Motors & Maruti Suzuki) be able to withstand the EV competition with foreign players like Tesla & many well established Chinese EV players .?
Read on the full story. you may ignore the promo’s in between.
Auto Industry in India – We had a chequered Past, can we expect a bright future? (04-04-2024)
After India’s New EV policy, Can Tata Motors , Maruti Suzuki Share price Crash?
.
An intersting analysis from the authors of equity masters.
In March 2024, the Indian government approved the new EV policy, under which import duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of US$ 500 m.
The companies that would set up manufacturing facilities for EV passenger cars will be allowed to import a limited number of cars at lower import duty. Duty of 15% would be levied on vehicles costing US$ 35,000 and above for five years.
Which means that India now has no restrictions on the import of electric vehicles from any country, including China, under a new EV policy.
However , in India Tata Motors is the market leader in EV cars – It has developed an ecosystem in India which is doing well at Present- Tata UniEVerse, is an ecosystem that will leverage group synergies, from companies such as Tata Power, Tata Chemicals, Tata Autocomp, Tata Consultancy Services (TCS), Tata Digital, Tata Elxsi and Tata Motors Finance.
And Maritu Suzuki with all proven capability in car industry since 4 decades has just started its work on EV.
Will they (both Tata Motors & Maruti Suzuki) be able to withstand the EV competition with foreign players like Tesla & many well established Chinese EV players .?
Read on the full story. you may ignore the promo’s in between.
Manappuram Finance (04-04-2024)
Near term triggers
Gold price going up
IIFL down
Indian growth story
Awaiting branch expansion approval
Awaiting ashirwad ipo