Good year on year growth.
Company is also planning to raise funds by QIP for 500 crores.
Disc- Invested, 6.1% of portfolio
Posts in category Value Pickr
Patel Engineering – A bet on India’s Infra growth (12-02-2024)
HBL POWER SYSTEMS: Booting-up for the Race of the Century (12-02-2024)
The lithium battery announcement is nothing new.It has been declared in mid 22 and was clearly described under low growth opportunities in annual report released in Sept 23. So this is not a cause of price movement in any way .A month ago ,the share price was at around 440 and it crossed 540 in anticipation even before the results came .Good results took it to 600 but profit booking and panic selling has caused the price action since then. Since there was no fundamental reason for the move from 440 to 540, no fundamental reason needs to be assumed for the fall from 600 to 530.
Disc: Invested .
HBL POWER SYSTEMS: Booting-up for the Race of the Century (12-02-2024)
The lithium battery announcement is nothing new.It has been declared in mid 22 and was clearly described under low growth opportunities in annual report released in Sept 23. So this is not a cause of price movement in any way .A month ago ,the share price was at around 440 and it crossed 540 in anticipation even before the results came .Good results took it to 600 but profit booking and panic selling has caused the price action since then. Since there was no fundamental reason for the move from 440 to 540, no fundamental reason needs to be assumed for the fall from 600 to 530.
Disc: Invested .
Everest Kanto Cylinders Ltd. – A long runway ahead! (12-02-2024)
Hydrogen is quite far away – for all companies. CNG is an existing opportunity which they are not able to capture… very poor management. like i said this stock have become a punter stock…
Everest Kanto Cylinders Ltd. – A long runway ahead! (12-02-2024)
Hydrogen is quite far away – for all companies. CNG is an existing opportunity which they are not able to capture… very poor management. like i said this stock have become a punter stock…