Ideaforge has a lot of B2G orders which coild be the reason for this. Atkeast their DRHP gave that indication. As more and more civilian applications come in this should come down. India’s restriction drone use is neother stringent nor liberal, as shift from defence to areas like logistics happens this should be better.
I may be wrong here. Lets wait for other esteemed members to comment.
Posts in category Value Pickr
DroneAcharya Aerial Innovations – a new age business (16-09-2024)
Hitesh portfolio (16-09-2024)
They may be changing rule of the game by entering into insurance sector…currently experimenting mode
Bajaj Finance Limited (16-09-2024)
Working as you anticipated. I see you have a nice document created, it this something you provide as a service?
52 week highs and all time highs strategy (16-09-2024)
INDIACEM
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Consolidating between 360-385 for the last 7 weeks after giving a 17-year breakout above 332.60.
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Strong above 385
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Weak below 350
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July 2024 break-out candle low 272.50
HBL Power: Signs of change (16-09-2024)
Have started reading through latest AR for HBL. On page no. 8, management has sort of tried to temper expectations of investors by giving a very cautious guidance as below:
POSSIBILITIES FOR THE NEXT FOUR YEARS
1 9. 69
EBITDA MARGIN (%)
When one gets the urge to predict the future, the wise man calms down
until the urge goes away.
With this caveat, HBL sees the near future as follows:
- FY 24 was an unusually good year. Cannot expect such growth to
continue - FY 25 sales may be about the same as FY 24 because; no Kavach
tenders were issued from Feb 2022 till 6 August 2024 - FY 26 sales may be 30% more than FY 25 sales, because Kavach
tenders were issued in August 2024 - FY 27 and FY 28 may have compound growth in sales at about 20 % a
year over FY 26 - Minimum level of moderation of EBITDA should be expected with
such growth
Cochin Shipyard – No more Cheap (16-09-2024)
Global shipbuilding Industry size and India’s position
All that you wanted to know about Global ship building industry and india’s current postion and future potential is there in this article very nicely compiled. A few points worth noting
(1) India’s position from its current rank of 22nd in global shipbuilding to the top 10 by 2030, and the top five by 2047, as part of India’s Maritime India Vision 2030.
(2) the global shipbuilding market size grows from $207.15 billion in 2023 to $220.52 billion in 2024 as per estimates.
(3) Currently, India holds only 0.06 per cent of the global shipbuilding market, a stark contrast to the dominance of China, South Korea, and Japan, which collectively control 85 per cent of the industry
(4) In 2022, ship building size was valued at $90 million and is projected to reach $8,120 million by 2033, with an astounding CAGR of 60 per cent, according to Finextra Research. This growth is attributed to factors like government support, strategic location, labour cost advantages, and a focus on niche segments such as offshore support vessels and ferries.
(5) Among top 15 ship building companies in the world , MDL and CSL occupies 10 th and 12th position…
(6) India’s MDL, CSL , Garden reach till date have focussed mainly on defence orders from Indian Navy. But the future potential looks quite good if they start building capacity and catering to the world shipping industry in a big way.
What is portfolio Balancing? Why it is immediate next step after selecting scrips from fundamental analysis for investors? (16-09-2024)
Remove link to your website
Do you know how much your portfolio will lose value during market correction? For investors only-not for day traders (16-09-2024)
Remove link to your website.
Sanghvi Movers (16-09-2024)
Split Record date declared 27th September 2024 – https://www.bseindia.com/xml-data/corpfiling/AttachLive/fe4adfef-60db-418a-839a-28e7aa15043e.pdf
Bajaj Finance Limited (16-09-2024)
How does the stellar listing of Bajaj housing finance affect Bajaj Finance in terms of valuation multiples? Does anything change?