Promoters are showing conviction though. If you ignore the next 1-2 qtr, they have guided for volume and margin growth, which is already good. Debt reduction is in play, tactical capex as well which will unlock volumes. Further, promoter holding, FIIs and DIIs have all increased the stake, public has decreased. Its a matter of time before we a rerating as well. Management has also said they want 15-20% of their revenue from high value add products and not commoditized business and approvals are awaited, could take 1-1.5 years for them to hit it big.
Makes no sense for such a huge cash flow generating machine to trade at such discount, even lower than the intrinsic value. With the 2k crs from NTPC case, and the 1k crs from rights issue resolution, they have 3k crs for potential capex/expansion/acquisition plays, with very little long term debt. All in all, this is a massive ignored underdog being supported by all tailwinds. Budget in Feb will further focus more on water and oil/gas infra (as seen from exploration news)

@avneesh

The ongoing correction has affected most stocks, (barring a few that have gone up while markets have gone down) be it large cap, or small cap. The extent of correction can be varied. But as of now I cannot find any evidence to suggest that small caps have held up more as compared to large caps.

Once the correction is over and a broad based rally begins, picture becomes more clear because the winners of the next leg of the rally will reveal themselves by their price action. So going forward, it makes sense to keep observing sectors/stocks that come out of the blocks the earliest. That time might be some time away, as first we need to see the correction end and then a rally begin and gain some strength.

This FII/DII buying and selling is only one part of the equation. Usually when markets get overheated, a correction usually ensues and the reasons for the correction keep changing. The current correction has been more in the nature of death by a thousand cuts, rather than a straight line correction.

As investors our focus has to be more towards the companies we want to invest in. Results season is over. And the current market turmoil keeps giving us chances to study companies, and if convinced, take appropriate action.

@pursuit I am not a part of any amateur or other investors club based in Baroda.

Thanks for sharing the slide. What i am trying to understand is whether this run rate (1.7 X H1) is sustainable beyond H2. Maybe, pipeline info would have helped.

Hello All,
I’ve created a business model for Cyeinsys based on the following key details:

The management has an order book of ₹1200 crore, with an execution timeline over the next few years.
They have provided guidance for ₹1000 crore in revenue in the near term.
To remain conservative with the execution timeline, I’ve projected ₹1000 crore in revenue by FY27.

I notice that many of us are tracking or invested in this stock. Kindly review my financial model and share your thoughts. Your feedback would be greatly appreciated.

Isn’t it better leverage through fno? Simply take long position in the futures and keep rolling over.
The implied interest cost is about 6/7 percent and 10 roll over costs about 1 percent of the underlying so essentially you are paying about 8 percent for the position.