Might be wheels india or some other import player beacuse they are not focusing much on steel wheels but more on alloy wheels to grow that category with high margins
Posts in category Value Pickr
Markolines Pavement Technologies – Making roads better (27-10-2023)
I am invested here.
Please do highlights the Cons separately: (Unsecured loan clubbed with Decrease in Finance Costs)
Company is into heavy wc industry due to Govt customers or private customers taking works from Government. Resulting into Receivables going above 3 years. 10 cr as on 31.03.2023.
Company had a rights issue which failed. (High price and bad timing. February 2023 where a downtrend in small companies was there till March 2023)
Company has unsecured loans with very high interest rates. If directly linked with money stuck in those long period receivables. A recipe for disaster.
Credit agency report issued non co-operation from management.
Overall, the company is good and Infra boost from NHAI is directly beneficial to them. They also have good orders in hand and India Equity Fund has also recently invested and points mentioned above are sufficient enough to get a view on the company.
Steel Strips Wheels Limited – Attractive Valuations (27-10-2023)
Who took their 5% market share?
Max India – Demerger, Will sum of parts be greater than single entity (27-10-2023)
Absolutely agree, tone of today’s cancall was also Bullish
Vernon’s portfolio – a mix of coffee can and opportunistic investing (27-10-2023)
Portfolio Update
Added more allocation to Metropolis Healthcare and Pidilite Industries.
Recent management interaction with Metropolis has reinforced my conviction that company’s expansion is on the right track. Q2 numbers are also encouraging.
Pidilite has always been an accumulate stock for me. Have increased weightage there and reduced in Cartrade which has run up significantly over last 3 months. Also exited Route Mobile.
In the current correction, financial company valuations are beginning to look attractive. Will gradually build up positions in Kotak and Bajaj Finserv (purely as a short term play) in addition to the long term portfolio holding.
RACL Geartech Limited (27-10-2023)
I have also got the invitation, just wanted to know if someone is going from Bareilly so , I could have tagged along with him
Steel Strips Wheels Limited – Attractive Valuations (27-10-2023)
They have changed the Market share data for passenger vehicles in OCT 2023 IP.
RACL Geartech Limited (27-10-2023)
Yes, its in Gajraula but the entries are closed now. Happy to share details of the visit here on the thread.
Aavas Financiers :: Banking on the unbanked (27-10-2023)
Sept ’23 results – Qtr Sales YoY 25.8 % Qtr Profit YoY 14.0 % . The company is continuing to deliver good results.
Invested, will be increasing my holding.
Praveg Ltd: Play on Indian Tourism Industry! (27-10-2023)
Please update the valuation metrics too. Thanks for the Google sheet. Very helpful 
By the way, check today’s corporate announcement, there is amalgamation between Praveg and Eulogia Inn Pvt led.
Eulogia have 2 hotels in Gujarat. In Google map one hotel has good rating and reviews. Another one is relatively new (Grand Eulogia).
Update the sheet accordingly.