GOA port coal fidelity is under litigation due to some environmental issues?

Hi Mudit

May be you can find answers in the link i am attaching.
I found it useful to understand some other aspects

Chemical Sector: Pessimism An Opportunity?? | Aditya Shah, Sekhar, Jiten Parmar & Ravikant

ACC and Ambuja Cements, the cement and building material companies of the diversified Adani Group, have been recognised as ‘Iconic Brands’ at the 6th edition of ‘The Iconic Brands of India’ by The Economic Times. ACC and Ambuja Cements were commemorated for their remarkable journey as brands and stalwarts of the cement industry. This recognition stems from their unwavering commitment to quality, innovation, and customer satisfaction that have not only stood the test of time but have also become integral to the Indian identity.

In a country as diverse and dynamic as India, these brands have not only provided excellence but have also mirrored the aspirations of a nation on the rise. The ‘Iconic Brands of India Conclave’ celebrates and acknowledges the remarkable journey of ACC and Ambuja Cements, brands that have set new standards in their respective domains. The companies have cultivated unparalleled loyalty among their users and admirers, making them a true cultural phenomenon. They have also etched a distinctive identity in the hearts and minds of consumers, and their stories are nothing short of inspiring.

Mr. Ajay Kapur, CEO, Cement Business, said, “The recognition of ACC and Ambuja Cements as ‘The Iconic Brands of India’ is a testament to our unwavering dedication towards our customers. We are honored to be a part of India’s rich tapestry of iconic brands, and we view this as both a privilege and a responsibility. Throughout our journey at ACC and Ambuja, we have always strived to set new standards in the cement industry. Our journey has been marked by relentless pursuit of excellence and commitment to sustainable practices. This recognition reaffirms our core belief in prioritising quality and customer-centricity. We take pride in our heritage and our commitment to deliver the highest quality products and services to our consumers remains resolute. This recognition strengthens our resolve to continue this pursuit in the years to come.”

ACC and Ambuja Cements have been trailblazers in the cement industry and their tireless pursuit of excellence, innovation in sustainable practices, and unwavering focus on customer satisfaction have earned them a special place in the hearts of millions.

Management is demonstrating their drive for growth, acquistion + preferential, promoters infusing own capital. Nos coming and guidance of doubling topline in 2 years. Valuation looks ok.

1. RHP has good enough data to go through for SMEs (I have no knowledge of the industry and I have no healthcare stocks in my PF)

2. Fundamentally looks decent and does constitute value (I feel), although value isn’t equal to stock performance. The mentioned peers in RHP showcase that it is cheaper than others.

3. In RHP again, “management of the company” and “promoters and promoters’ group” section shows all basic information. Age, experience, education, other directorships of promoters and financials of group companies.

I just viewed it when IPO was open and assumed that it could be a good pick since it is reasonably valued. Also, it is posting good results from last 3 Financial Years, hence it appears less window dressed.

Note: SMEs are risky. Promoters may or may not be a positive point but lack of good promoters/ absence of business centric promoters/ promoters with no succession plan can be a big issue in long term. In big market caps, generally some basic level management is often automated to lower managements but in SMEs promoters are everything and if promoters decide to exit or any other reason, the company is done. I primarily invest in SMEs and reached 100% allocation. Now bit by bit I am going towards small/mid-caps and Mutual funds and so exiting SMEs wherever possible.