A innocent question Do young girls love to wear saree? Now i tried asking a few girls I know the top 5-6 reasons why they hate saree is

1. Uncomfortable – wearing saree is a task and even difficult to commute with saree, sarees don’t have pockets and our generation cannot live without mobile, in summer it’s makes you sweat and in rainy season it’s even worse to commute

2. Cost and usage: the cost of a saree does not justify occasional usage of the saree mostly they are worn for special events, else it lies in the cupboard somewhere on the corner

3. Age: it makes young girls feel old

4. Possibility of malfunction

5. Difficult to use washroom

Now it made sense to me that indeed wearing a saree is a challenge as these are very logical points now with india with 50% population below 30 yrs of age if not many girls love wearing a saree it filters out a majority of customers, also I feel saree is more predominant in south india rather than north india, I feel these facts weigh high and may reduce growth of this company in long run

Disclaimer: I am not invested and these are my 2 cents will love to be corrected

source: PPT
The company targets to achieve 1000 Cr of Sales (current TTM sales is 394 Cr) . Does anyone have an idea of the time line / breakup.

Major products are –

OTC – 111.79 Cr
Comfy – 30.18 Cr
Beverage – 5.18 Cr
Electro plus – 4.86 Cr

Total revenue at consolidated level for Q3FY24 – 152.01 Cr ( approx. 608 Cr. annualized )

Comfy is growing pretty rapidly and the company targets 100 Cr sales this year

To reach the target of 1000 Cr sales, Sales from Comfy needs to be approximately 500 Cr assuming other category such as Beverage and Electro plus will find it hard to scale given the cut throat competition.

But the Money we receive after pledging the stocks can only be used for Future and option transaction that too require 50% actual cash component

In short if I pledge stock worth Rs. 100 after haircut (usually 20-25% for most of the stocks – can be checked according to stocks in the list) I will get Rs.75. For using this Rs.75 I need to deposit another Rs. 75 cash, then I can trade in F&O for Rs. 150

I don’t know about banks but brokers like Zerodha have a list of securities that they accept as collateral.

Here is the list of securities that Zerodha accepts.

Maybe banks have a different risk management approach, and they lend even if the stocks are small cap, perhaps at a higher interest rate.

And as the value of the collateral decreases, there will be notices to add funds to the extent of the value depreciation to maintain a threshold.

A lot of things are explained in the link I have given in the previous post.

Dear @hitesh2710 ji,

Can you share your views on the new-age manufacturing companies in India (in aerospace, defense & engineering sectors) like Azad Engg, Aeroflex, Cyient DLM etc?

There is lot of buzz that such manufacturing companies will do very well over next 10 years given the focus being given by the govt. They are also mostly young companies & small-cap (though valuations are quite high). Is it worth investing in such companies assuming there will be steady govt support (in terms of promotions) and these companies will grow well?