How will market react to rise in NNPA is the question. To some extent they had signalled rise of expenses
Posts in category Value Pickr
Oriental Carbon and Chemicals Ltd (03-02-2024)
How did u know defaults are shooting up west…where did u found the relevant data or else it’s ur guess based on ur assumptions
IDBI Bank – A large pvt. sector Bank in making (03-02-2024)
Some Key take-away from my initial study of IDBI Bank:
- Listing of a subsidiary – NSDL
- Government disinvestment in pipeline
- Improving quarter on quarter results
- Very low free float in the market
Although there is very little coverage on the stock by research houses, I believe this can be the next big bank in the coming years with multi-fold increase in the share price.
Govt to complete IDBI Bank strategic sale in FY’25: DIPAM Secretary – Moneycontrol
Ranvir’s Portfolio (03-02-2024)
Somany Ceramics:
Technical View: Seems to be trading in a range (weekly chart), we can see a big breakout above 760.
PayTM (One 97 Communications Ltd) (03-02-2024)
Update on PayTM app
Arman Financial Services Ltd (03-02-2024)
Q3FY24 Results
PayTM (One 97 Communications Ltd) (03-02-2024)
But do they do underwriting using that data? I’m not sure. And if they don’t have a Payments Bank licence, then they are really a loan “aggregator” kind of thing. Because they can’t lend if they’re not Finance company or bank. They’re tech company only… Or they are like that already.
Eventually the other fintech company can also replicate this model.
IMO, finance business is great also if you have such data, which you mentioned. I would like PayTM more if they have their own banking services. Partnership with banks, any other fintech can do. And maybe PhonePe is already doing great.
Whirlpool of India (03-02-2024)
Q3FY24 conference call takeaway [I think it’s the first one]:
- Sales momentum across key categories- Refrigerators and Washers
- Long-term outlook for growth and margins are both in the high single digits. Considering the profitability of all the competitors, double digit margins seem difficult.
- Special emphasis on hiring, training, and retaining the Retail Executives as they are the key influencers on the floor when a customer is about to make a decision
- Revised incentive plans for the sales team from Q4FY24 – based on number of touchpoints and the sales Value
- Building D2C Capabilities for the Future
- No major capex required as existing capacities are sufficient for now.
- AC and Microwave oven are manufactured by third-party as per our specifications.
- Significant runway to sell premium products as our overall share in that category is too low.
Overall opinion: H1FY24 was suppressed. Q3FY24 momentum expected to continue in Q4FY24. Hence, next 9~12 months results shall show YoY improvement.
Disc: No Position.
CDSL – Stock for our children (03-02-2024)
Results
YoY Quarterly Sales growth 47%
YoY Quarterly Profit growth 44%
https://nsearchives.nseindia.com/corporate/BMOutcome03022024FINALL_03022024131726.pdf