Very good overview of the company and its future plans
Deep Dive | 50% Of ABB India’s Orders Come From New Market Segments Like Renewables & Data Centers
Posts in category Value Pickr
IIFL Finance (erstwhile IIFL Holdings) ~ Retail focused diversified NBFC (06-03-2024)
Fairfax India to invest up to $200 M into IIFL Finance. This is about liquidity support to IIFL Finance. I am unsure how this will play out but I have added more to my portfolio. I bought some stocks today and will continue to observe for the buying opportunity. There is nothing to loose from 40% DD, I will be happy if it goes down 20% tomorrow.
These are my personal views and not recommend to buy or sell. 
IIFL Finance (erstwhile IIFL Holdings) ~ Retail focused diversified NBFC (06-03-2024)
We all have our internal biases and we always interpret the data the way we want to interpret it. This table is a perfect example of it. Only top three mentioned names have reported data and they have all increased the stake in February. But people are commenting that everybody else sold while they have not yet reported numbers for Feb month. Just because the site is updated on Feb, doesn’t mean that it has Feb data for all the Mutual funds.
Better to look at Actual volume data for reference, below is the screenshot from Screener.in-
Except Dec end, when AIF related news led to selling, no big volume has exchanged hands in IIFL finance scrip.
In any case, I think two 20%+ corrections over last two days have made the stock very interesting. Company is making 2K per year and is available at 15K market cap. Even if they don’t grow their earnings for next 1-2 years, it is available at an interesting price point.
Disclosure: Already Invested, started adding from today.
PayTM (One 97 Communications Ltd) (06-03-2024)
Paytm’s UPI transactions dropped in February by 7.6% compared to January 2024, that is, 1.33 billion transactions from 1.44 billion transactions.
Present Market: Views (06-03-2024)
Ace investment Manager’s views
IIFL Finance (erstwhile IIFL Holdings) ~ Retail focused diversified NBFC (06-03-2024)
That’s a detailed data, what is the website used? Yes a hell lot of them exited the scrip. Yes Fairfax’s investment is a respite, have to see how it will play out.
IIFL Finance (erstwhile IIFL Holdings) ~ Retail focused diversified NBFC (06-03-2024)
Seems Institutions have better data/decision-making data than us – A hell lot of MFs exited in Feb 2024. I have not exited – tried adding a limit order which did not executed but with Prem Watsa providing more capital I don’t think it’s doomsday yet.
Here are some of them who exited: A huge list
Manappuram Finance (06-03-2024)
From highs of 199 yesterday to low of 169 right now – is this not fishy? Just in fear of scrutiny, this would be an overreaction.
Anyone has an updated view? Seems like a good buying opportunity otherwise
Praveen’s Portfolio (06-03-2024)
Any idea why Mufti keeps getting hammered ? cmp : 206
Rategain – Fast Growing SaaS Leader (06-03-2024)
I recently read the RateGain and wrote my understanding of the company in the following link.
My Note: