Another positive for sod ash manufacturing companies as soda ash is major raw material for toughened glass production. This anti dumping duty will further support the soda ash demand in india.
Posts in category Value Pickr
Vimta Labs Ltd (VLL) (30-08-2023)
Found a 10 yr old news. Unsure if it’s relevant today and the materiality of the same.
Mangalam Organics Ltd. – A promising Pine chemistry story (30-08-2023)
any update on the stock…the stock keeps hitting a new low. are they continuing to hold a a dominant player position in the market for their range of products? researching to reach a decision when to let go my position…thanks a lot everyone in advance
Zoom webinar on stage investing (30-08-2023)
I am interested too, please add me.
Rishi Laser- A Precision Fabricator (30-08-2023)
This company is turning around very well. Do anyone have idea regarding their current orderbook?
Thank you
P.E. Analytics Ltd (PROPEQUITY) – Another Data Analytics Platform for Real Estate Players (30-08-2023)
All the latest updates are in the Q1 investor presentation https://nsearchives.nseindia.com/corporate/PROPEQUITY_31072023123842_InvestorPresentationQ1202324.pdf
- The real estate market is booming
- The subscription business is growing at a rate of 20%
- The new valuation business has doubled YoY and going by the recent increase in head count could do the same for a few more years.
- Margins are intact
- venturing into the B2C space
- PBT increased by 50% YoY, stock price is just keeping up
Zoom webinar on stage investing (30-08-2023)
Sir Please add me for the webinar
shivubarbare@gmail.com
B C C Fuba India Ltd: PCB Manufacturing Nanocap (30-08-2023)
@rambaranwal – Thanks Ram. Noticed you had experience working with SoCs so I think you would be very aware of this industry.
- Can you share some insights on how complex is the multi-layer PCB manufacturing process?
- Also, other than the cost is there any technical expertise that is needed for scaling this business?
Commodity and Cyclical Plays (30-08-2023)
Nitin Spinners & Trident
Both have seen buying in huge volumes in the past couple of days.
HBL POWER SYSTEMS: Booting-up for the Race of the Century (30-08-2023)
While Q1 numbers were good, the surprise element was in Industrial battery segment which mgmt. had categorized as slow growth traditional business. Mgmt. gave a guidance of 1060 cr. from this segment in FY24 with a growth rate of ~10% and then a growth of 4% for FY25.
However, Industrial battery segment did a 50% YoY and 9% QoQ growth. That’s super duper. Nearly 30% of annual target done in Q1. So is there a case for revising the guidance in industrial battery segment ?
At collaborator’s corner, VP team has already indicated this possibility
- Telecom batteries (Lead Acid) – This segment has seen many years of decline and is now making a comeback due to the improving demand in telecom space fuelled by 5G adoption and higher O&M replacement. Higher volumes in this segment can lead to better absorption of overheads and thereby higher margins from c. 8% to c. 10% – within the existing setup with no incremental investment.
October 2022 Credit report highlighted some of HBL’s top customers in the industrial battery segment, namely Indus Towers and Cummins India in the listed space.
Indus Towers Q1 call has some very positive insights on the telecom industry.
From Collaborators Corner: “The Company has been supplying its PLT batteries to Cummins for its DG sets under white label program – an association that has grown each year for over a decade.”
Snippet from Cummins India Q1 call confirms fabulous growth happening in this segment.
The new credit report released in Aug’23 also highlighted the growth in order book of nearly ~2.6x YoY basis, backed by demand from telecom sector.
There is a chance that HBL has got itself into lollapalooza kind of situation where not only it’s new growth segment is firing, but it’s supposedly “low growth” largest contributor, industrial battery segment is also doing superb. Company is now raising 150 cr. to meet it’s working capital needs, which is in line with what mgmt. has been guiding.
Disc: Hold from ~100 levels. Have added more after Q1 results.