I’m looking at Kilitch drugs. It’s basically a CRM company and are into injectables and have large exposure in African market. If anyone is tracking this space closely, please guide which companies fall under its peer-set.
Posts in category Value Pickr
Apollo Hospital : The one stop healthcare service (27-09-2023)
Acquisition oncology – partially completed hospital in kolkataa 300 odd beds
Navneet Publications – a good com in education sector (27-09-2023)
Is there any further update on NEP implementation in Maharashtra & Gujarat board?
Hitesh portfolio (27-09-2023)
Sir, I have a question.
I did not know when technical analysis got introduced to retail participants. Institutions may have got access to TA, and other data and price related technologies decades ago, and as such, there may have existed certain market inefficiencies in the past in our market, due to information asymmetry and tech not reaching retail.
Efficient market hypothesis may just be a hypothesis, but considering the availability of information, the reach and speed at which everyone has access to it now, and many things pertaining to the market are available for free on internet, a lot of things are becoming common knowledge, and as such, have you observed anything in particular in your experience which you think has changed w.r.t TA and will remain so, and will not go back to its initial state?
To put it simply sir, if everyone knows about candlesticks, patterns, trend lines, support and resistance, Fibonacci etc, and take actions based on these aspects, and not panicking and selling unlike before, has the chance of a view based on TA becoming true is less now, or TA is TA, has been the same for centuries, and will remain the same, it is the fundamental investors who move the price in general, for them TA does not matter, their focus is on the business and valuations, and there will always be humans emotions present, so the probability of TA becoming true or false will always be the same, and can be relied upon, with caveats?
Thank you.
Bye Bye Diesel Petrol, Welcome Biofuel- Global Biofuel Alliance- A paradigm shift in sustainable energy, Carbon foot print and economic strategy- various options before India (27-09-2023)
The only problem that I can see with the Bio fuel is that most of the ethanol is produced using sugarcane. And Sugarcane is a crop which require a large amount of water to grow compared to other crops. Given the population of India will it be sustainable?
EV has it own problem like production of lithium itself produce a lot of CO2. With EV the demand of electricity will increase. Most of the electricity is still produced in thermal power plant. For EV to work renewable energy stations will require a energy storage solution, so that they can become reliable supplier of energy.
And EV is only sustainable in Light vehicles. In heavy vehicle which is used for transportation of goods. The lithium battery weight will be so huge, that it will not be feasible.
Hydrogen can be the future and Toyota has break through with hydrogen combustion engine. But the problem with hydrogen is that the production itself emits a lot of CO2. And green hydrogen’s cost of production is too high which makes it unsustainable.
In my opinion all three solution should be explored rather than relying on any one of them.
Ambika Cotton Mills (27-09-2023)
Regarding questions on inventory, Mr. Chandran had clarified in the AGM 2-3 years ago that they trade heavily in cotton. They have good insight of cotton market & use cash to park in inventory than to keep in bank.
Nithin’s Portfolio (27-09-2023)
Power Value Chain, short summary :
Industry Scenario :
Total target for 2030 :500 GW renewable energy installation
Installed Capacity as of July 2023 : 179.322 GW Renewable energy, large hydropower
Remaining Capacity to be completed by 2030 : 320.678 GW
The following is the installed capacity for Renewables:
-
Wind power: 42.8 GW
-
Solar Power: 67.07 GW
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Biomass/Co-generation: 10.2 GW
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Small Hydro Power: 4.94 GW
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Waste To Energy: 0.55 GW
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Large Hydro: 46.85 GW
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Aims to produce five million tones of green hydrogen by 2030.
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Aims to achieve 125 GW of renewable energy capacity.
* 57 solar parks with an aggregate capacity of 39.28 GW have been approved in India.
* Wind Energy has an off-shore target of 30 GW by 2030, with potential sites identified. -
India has set a target to reduce the carbon intensity of the nation’s economy by less than 45% by the end of the decade
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Achieve 50 percent cumulative electric power installed by 2030 from renewables,
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Achieve net-zero carbon emissions by 2070.
Following list of activities in renewable energy will be considered for trading carbon credits under bilateral/ cooperative approaches under Article 6.2 mechanism as assigned under the National Designated Authority for the Implementation of the Paris Agreement (NDAIAPA):
- Renewable energy with storage (only stored component)
- Solar thermal power
- Off-shore wind
- Green Hydrogen
- Tidal energy, Ocean Thermal Energy, Ocean Salt Gradient Energy, Ocean Wave Energy and Ocean Current Energy
- High Voltage Direct Current Transmission in conjunction with the renewable energy projects
- Green Ammonia
Union Budget 2023 Highlights
Green Growth identified is one of the nodes in the SAPTARISHI (7 priorities).
- $2.4 Bn National Hydrogen Mission for production of 5 MMT by 2030, $36 Mn additional in Budget.
- 4 GWh Battery Energy Storage Systems supported through Viability Gap Funding
- Pumped Storage Projects has received a push with a detailed framework to be formulated.
- $1.02/2.5 Bn Central Sector Support for ISTS infrastructure for 13 GW Renewable Energy from Ladakh
Credits : Renewable Energy in India: Investment Opportunities in the Pow….
Power Finance :
For anything and everything you need Finance :
(Supervisor)
PFC
REC
PFC/REC provides financial assistance to entire power sector value chain across India. This includes financing to state and private utilities in generation, transmission, distribution space including financing the associated forward and backward linkages.
Power Generation : These companies have MOU with PFC/REC for considering loan, now the power generation companies setup the plants or they source out contract to EPC companies to setup the plant for them.
Power Generation companies are set of companies who is responsible for carrying out projects to achieve the 500GW installed by 2030 and to be operational.
I don’t fully expect these companies to have a robust balance sheet by EOY however this will be for 2030 as these companies needs to generate cash and cash can be generated when there is power generation
(Supervisor)
- NTPC : NTPC (National Thermal Power Corporation) : NTPC is one of India’s largest power generation companies, primarily engaged in the generation of electricity through coal, gas, and renewable sources.
- NHPC : NHPC (National Hydroelectric Power Corporation) : NHPC is a public sector undertaking engaged in the development of hydropower projects in India.
- SJVN
- BHEL : Bharat Heavy Electricals Limited (BHEL) : BHEL is a leading engineering company in India involved in the design, manufacture, and maintenance of power generation equipment such as boilers, turbines, and generators.
Power Transmission These are the set of companies that outline the transmission towers to carry electricity from rural villages to urban areas.
The estimated cost of the power transmission project is around Rs 27,000 crore
These need to start their work from current or next year to layout HVDC for miles.
- POWERGRID (Supervisor) : Power Grid Corporation of India Limited (POWERGRID) : POWERGRID is a central transmission utility responsible for the development and operation of the power transmission network in India.
Power Distribution
PTC
Some of the EPC private companies :
| Companies | Companies Focus | Region | Sector | Type |
|---|---|---|---|---|
| KEC | Power Transmission | India | Infrastructure | Public |
| Kalpataru | Power Transmission | India | Infrastructure | Public |
| Tata Power | Power Generation and Power Distribution | India | Conglomerate | Public |
| Adani Power | Power Generation | India | Power Generation | Public |
| SW Solar | Power Generation and Maintenance | India | Solar Technology | Private |
| Apar | Conductors and Cables | India | Manufacturing | Public |
| Schneider | Switches | Global | Electrical and Automation | Public |
| GE&TD | Power Transmission and Distribution | Global | Diversified | Public |
| Meters (Genus, HPL) | Power Meters | India | Manufacturing | Public (Genus, HPL) |
| CESC Limited | Power Generation and Distribution | Kolkata, West Bengal | Generation and Distribution | Public |
| Torrent Power | Power Generation, Transmission, and Distribution | Gujarat and Maharashtra, India | Generation, Transmission | Public |
| Reliance Power | Power Generation through various sources | India | Generation | Public |
| Suzlon Energy | Renewable Energy, Wind Power Generation | India | Renewable Energy, Wind Power | Public |
| Tata Power Solar Systems | Solar Power Generation and related services | India | Solar Power Generation | Subsidiary of Tata Power |
| Adani Green Energy Limited | Renewable Energy, including Solar and Wind Power | India | Renewable Energy | Part of Adani Group |
| NLC India Limited (formerly Neyveli Lignite Corp) | Lignite Mining and Power Generation | Southern Region of India | Lignite Mining and Generation | Public |
Image Credits : Emerging trends in the power value chain –
