If this is fashion jewellery then why is it seasonal? Fashion is not seasonal. According to them , the idea of fashion jewellery is more for day to day use . They would even prefer to call it life style jewellery as per the latest concall.
Posts in category Value Pickr
Modison metals (07-05-2024)
You seem to be closely tracking Modison. Any idea what happened to the mou from Nov 2021 with Renera & Lcharge?
There’s no news about it in any presentations after that
Kirloskar Oil Engines Ltd – Generating Returns from Generators (07-05-2024)
I have exited the stock due to my style of investing requiring me to churn my concentrated portfolio from time to time.
But the business is interesting enough that I’m continuing to track it.
Kirloskar Oil Engines Ltd – Generating Returns from Generators (07-05-2024)
Concall Summary: (both Nov and Feb)
- B2B segment slows down due to a transition phase
- still a strong order book on hand
- B2C business showed more than 20% YoY growth in Q2, with margins on track
- Launched new products such as OptiPrime and OptiPrime Hybrid range of gensets
- Focus on margin enhancement through high horsepower segment, service and aftermarket business, and international markets
- Strong order book and readiness for CPCB IV+ norms in the second half
- White labeling not preferred option for exports
- Strong demand from OEMs in the industrial segment
- Strong demand from infrastructure and data center sectors in Power Gen segment
- CAPEX focused on technology and engineering for emission norm changes and new product launches
- Q3 FY24 saw highest ever sales with a 14% year-on-year increase in gross revenue.
- Growth in net sales, EBITDA, and net profit on both quarterly and year-to-date basis. * Expansion in the Middle East market with the appointment of a GOEM called My Span.
- Notable achievements include winning a large NPCIL order for gensets and acquiring Wildcat Power Gen in the US.
- Industrial segment saw strong demand from construction and railway sectors.
- Strong growth and margin improvement in Water Management Solutions business, focusing on domestic and agri pumps.
Captain’s Growth Portfolio (07-05-2024)
Pls Read the latest on Deepak, cycle is turning…Same with Tata Elxsi…My horizon is Long term
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (07-05-2024)
All sugar companies are facing same issue of carrying stocks… but once exports are allowed share prices will go up… most likely in june exports will be allowed once domestic demand comes down. also elections will be over by then…
Domestic quotas are also about 10% higher than last year so stocks will come down… inspite of 10% higher quota wholesale prices are high - demand must be much higher.
Per capita consumption of sugar in India is only 20 kg against world average of 24 kg (developed countries >30kg). Going forward demand of sugar will increase.
It is just wait and watch for the sector.
Next year sugarcane output is likely to be higher then ethanol will also be allowed…
New TradingJournal Application enabled with Artifical Intelligence (07-05-2024)
How to use that tool ? And will that be integrated with my broker || Zerodha
Buy Unlisted Shares (07-05-2024)
Hello everyone.
Please guide if any unlisted shares that I hold in my demat account can be pledged with another individual? I am thinking about pledging my shares with a friend and borrowing some cash from him. But I am not sure how to do it using the CDSL website or app.
Manappuram Finance (07-05-2024)
Hi Maheshkumar,
Thanks for the share. Upon reviewing the book value of the company, I noted it to be approximately 1.6 times. Considering the nature of the business being in lending, I though that the price-to-book ratio would offer a clearer insight compared to the price-to-earnings ratio. Basis the current fig, it appears that the company is positioned on the higher end of valuation. However, I acknowledge the possibility of error in my assessment and would appreciate your insights on the matter.
IDFC First Bank Limited (07-05-2024)
I second that analysis.