Anyone having a update on the merger process of IDFC First bank?
Posts in category Value Pickr
Dynemic Products – a relatively undervalued chemical stock! (06-03-2024)
Have gone through complete thread, went through the ARs as well and the business and promoters looks interesting. I have few questions if someone can help me answer:
- How do feel about the integrity and track record of promoters?
- Do they have what it takes to go through the difficult waters, I feel their business is at that stage currently.
- Have second generation started helping them already and how are they?
Credo Brands Marketing (06-03-2024)
The Street seems unenthused by Management’s lack of clear roadmap to the 18% growth guidance. Valuations look more reasonable now.
Dis: Holding 2% of PF
Page industries (06-03-2024)
Story remains the same 3 months into the new year.
@narenarora, even in a crowded market as long as they are able to grow their volumes and sales (by maintaining their margins and profitability), they should be fine. As they say, the proof is in the pudding. That for any company, moat or no moat shows the true demand for its products. Unless these two things pick up, I see the stock price going nowhere. No matter what the management makes us believe about the great brand, increasing distribution, their out of this world strategy etc. their fortunes are tied to the rest of the market. The overall market recovers, they’ll recover. That is my take on the situation.
Minda Corporation- An Auto Ancillary Catering to EV OEM’s⁹ (06-03-2024)
CRISIL Ratings has reaffirmed its ‘CRISIL AA-/Stable/CRISIL A1+’ ratings on the bank facilities of Minda Corporation Limited (MCL; part of the MCL group).
The rating reflects groups healthy business risk profile driven by its strong market position in the auto component industry, group’s diversified product offerings and its marquee customer base in domestic market. Minda Group is one of the largest player in India in security systems for two-wheelers and a leading player in the wire-harnessing segment for two-wheeler, three-wheeler and commercial vehicles. Group is expected to continue to improve its market position supported by continuous innovation being undertaken for various product segments and its long-standing relationships with marque customers. Driven by healthy demand flow from domestic market and strong tie-up with customers, group has been growing at a rate much higher than industry growth rate (revenue growth was ~44% in FY23 vs 12-13% Industry growth in same fiscal). With continuous technological innovation and introduction of new products to its product profile, which is agnostic to the electric vehicle revolution, the group is expected to continue to diversify its offerings and grow at a healthy pace over the medium term.
Manappuram Finance (06-03-2024)
Looks like we’ll only know in good time. This was a brutal fall. With no bounce.
Credo Brands Marketing (06-03-2024)
Hi Guys ,
Credo brands mufti came to ipo on 28th December , with issue price of 280. It was oversubscribed with lot of interest from institutional investors. With market conditions it is beaten down to 200 levels, which makes it a great opportunity to add .
Even in 9Mfy24, their PAT margins are at 12 % and at cmp 224.5 its trading at a pe of 17.
Looking at the chart this looks oversold
The revenue this year , had grown at 19 percent and due to more advertising spend , Pat was down 7 percent.
Fundamentally looking very solid. Also Its peer cantabil retail still quoting at a pe of 31. Company guided for growing at 20 percent yoy . What Am i missing here?
Also since free float is just 15 percent , this took lot of beating . So volatility is expected. No reco, take your call
Buy Unlisted Shares (06-03-2024)
Dear friends , i am planning to buy unlisted shares from company ^^ Wealth Wisdom India Private Limited**
http://wwipl.com](http://wwipl.com/)
Would appreciate any first hand feedback of the reliability of the company . Thanks to have your quick response
Manappuram Finance (06-03-2024)
yes, cannot find the reason for it for fall
Manappuram Finance (06-03-2024)
Exactly!
Big selling. I bought some today but we should check whether it was institutional selling or what. Muthoot did not have same selling pressure though.