Look like heavy accumulation going on with huge volumes so there is a possibility of positive outcome of trial
Posts in category Value Pickr
Green Hydrogen as a Fuel – Indian Companies leading the Green Revolution (13-09-2023)
Not true, presently all generators including renewable power have to submit forecasting and scheduling details to their SLDC and are penalized for deviations. There is no spare inefficient renewable power in the country as everything is connected to grid and used up. Green hydrogen and energy storage using renewable energy have a future and it maybe made or not made mandatory will be known only if prices come down further, present prices are still expensive.
Graphite Electrode : Graphite India/HEG (13-09-2023)
My view is a good time ahead for Companies like this and the reason is
Domestic steel demand to grow 9-10% in FY24, says revised ICRA estimate (business-standard.com)
Feel free to share your thoughts which company looks more attractive to you.
CGVAK Software & Exports Ltd – Niche Microcap IT (13-09-2023)
CG-VAK AGM on September 27, 2023.
I will be travelling on this date. Sincere request to Rupesh and others tracking this stock to please share your notes if you’ll plan to attend.
Thank you in advance.
Firstsource Solutions Ltd (13-09-2023)
Any thoughts on the new management change?
Natco Pharma: Focusing On Complex Products (13-09-2023)
Pee Safe raises $3 million in a Series B funding round led by Natco Pharma and Rainmatter Health
Natco has invested in Pee Safe- a new market
Sandur Manganese (13-09-2023)
would recommend the following thread by Barath Mukhi on the company: https://x.com/barathmukhi/status/1691764693629862366?s=20
Meghmani Organics Ltd (13-09-2023)
@harsh.beria93 Seeing lots of institutional interest showing up in this counter. Also slowly seeing volume build ups. Can we expect green shoots to emerge after Q2? or More visible growth can only be expected after Q4FY24?
Disclosure: Not having any exposure to this counter. Evaluating different value pick from Agro Chemicals due to tailwinds.
Happy Investing,
Karthik
PMS Funds – India (13-09-2023)
PMSBazaar report – https://x.com/PmsBazaar/status/1701860275371274645?s=20
Usha Martin- Coming out of Chaos (13-09-2023)
Fair Enough, but my point is about “how should those who own this and those who are looking to own this name, how should they react to this development?”, not that one should dig deeper or pass on it or paper hands left etc.
Factoring in all that has been said in the thread, and then the points shared in the defence of the company and its current valuations – how does this 17% possible correction fit there? cause it happened, and again some correction was seen today as well ~4%.
This essential makes us all re-evaluate the current standing without a focus on how good the future could be. Are we standing on a near-solid footing to start making valuation decisions based on future positive developments. Seeing that drop ? that existed for about half hour-45minutes mind you, seeing that drop I don’t think we are standing on a solid or near solid ground. And it could really just reach that 17% down levels, and people will lose money believing that narrative that future is good – especially the ones looking to get in right now.
I don’t want to be that person, and hence I seek answers. This forum is a democratic one, so I come here.
Also, appreciate the first line of your response Pinak.
Take care. Good Day.