That’s if it is invoiced in 1/3rd ratios.
Either way, great order for DCX. Brovo
That’s if it is invoiced in 1/3rd ratios.
Either way, great order for DCX. Brovo
Patanjali foods has acquired Patanjali Ayurved’s personal care business for 1100 Cr Rs + 3% royalty.
What I understand - This is going to add additional 1000 Cr in EBITDA. Which can lead to value unlock of 30000 Cr for the business. Any other thoughts?
I found this Blog very intersting !
Once upon a time FMCG stock used to be counted as defensive stock. Defensive stocks not only should defend our portfolio from down sides during a bear market but also should give a reasonable return over a period of time.
If we analyse the stock performance of last few years, FMCG stocks has taken us no where.
Pharma stocks once thought to be defensive. But Our pharma industry is China dependent for API and KSM. Also Pharma Industry as a whole is bogged down frequently by USFDA issues- Hopefully the PLI schemes of the Govt would create the eco-system gradually in days to come to really challenge China and become the pharmacy of the world.
IT industry once thought to be Defensive, but it is now seen that the IT industry is undergoing technological challenges/ transformation due to AI.
So , what is defensive now ? This article explains well… it lists 8 stocks which we should keep under our watch list.
PS: I am able to access the full article from my android phone though I have not subscribed to its prime membership.But when I was trying to access the link in valuepickr forum , it is asking for subscription.
Please confirm if you are able to open the link and access to the article
Vikas Khemani’s Carnelian Asset Management bought 2.5% stake from promoters in bulk deal on 28th June at Rs 318 per share
1250/3 = 416 crore revenue addition from this order this year.
Around 416*4% (taking conservative Net profit margin of 4%)= 16-17 crore will be added to PAT.
Wood Coating revenue guidance 380 cr (PU is going to grow very aggressively and we are expecting that this year out of the total wood coating sale, we are expecting about Rs. 379-Rs. 380 crores and almost 30% will be contributed by the Acrylic PU which was vis-a-vis 15% last year - Page no 14), decorative 60 cr (So, considering the move with the OIKOS, we expect that it will help us to gain much more competitive advantage when it comes to selling of the decorative business in the retail segment with this high-end value products which will allow us also to sell the primers and the economy emulsions along with this OIKOS high end products and help us to reach a targeted sale of Rs. 60-Rs. 65 crores this year vis-à-vis Rs. 24 crores in FY24. And once we are able to cross this number of Rs. 60-Rs. 65 crore this year, we see that then the momentum can go very fast in the next 2 years, we can easily achieve a number of Rs. 200 to Rs. 250 crores.) welcome brand 75 cr (Yes, so acquisition we have taken as it is without the growth number, so 100 or 50 where we also intend to take it 200 this year. So, yes that is something which is additional.). Hopefully they will be able to cross 450 cr revenue (anticipating they have added welcome revenue in wood coating ) or else 500cr +…
,
2a. As I was mentioning, instead of looking at the index values, if we were to look at NAV of some MF, that might be a good reference. The NAV of this MF might also suffer from same issue of weightage as it is purely passive investing. However, it is good comparison as that is what an investor will get if he had invested in that fund. I did a quick check on the NAV of this fund and compared from 09th May (when I started to compute NAV) to 28th June. Motilal has given a return of 15.68% and this pf has given 17.67%.
2b. Thanks for your clarification. This is quite possible. We have chosen 25 out of 250 stocks for investment. On days when the stocks outside our 25 go up or when stocks in our 25 go down, then clearly we will underperform the index. However, over longer periods, I expect that this pf will benefit by the same logic that we are holding just 25 of the strongest stocks. I might compare the returns with this fund on 1m, 6m and 12m basis going forward (as and when my NAV data becomes mature).
Thanks for your recommendation regarding Wesley Gray’s book. Will check it out.
Seems they are launching their own PMS now.
‘Yes. So, considering that exports will be a focus area and we are expecting it from these three containers which are going out in the market, we will have some commitments of the containers from each country, we will be doing 100% of CAPEX on the wood coating facility in the Gujarat region, space already identified with the minimum CAPEX, which will stand under Rs. 10 crores. But from the existing facility also with the 16,000 tons capacity yearly in single ships, we are already aligning ourselves and planning ourselves to take it to double shift’ page no 13… they wanted to say 16000 ton…
Not sure why this holding company of KSB Ltd trades at very high discount of more than 85% (Rs 3650crs stake of KSB) + 475-500crs liquid shares held.
Is there any corporate governance issue with this co or KSB Ltd?
Disclosure: Invested . Not a registered RIA. Not a buy/sell recommendation. Just seeking views. Consult your Investment Advisor.
EvoLve theme by Theme4Press • Powered by WordPress & Rakesh Jhunjhunwala Latest Stock Market News
The Most Valuable Commodity Is Information!