This is city with 1 lakh populatiin
I think now ther are very aggressive in branding truflow.
All these banners are recent one
This is city with 1 lakh populatiin
I think now ther are very aggressive in branding truflow.
All these banners are recent one
Truecaller continues to explore innovative use cases and develop more value-added services in addition to its core business
offering in parallel. The exclusive reseller partnership for business messaging with Tanla was commercially launched in the
second quarter. Within one month of commercial launch, the
partnership has successfully facilitated the delivery of millions
of business instant messages and is expected to ramp up significantly in volume over the year.
I think only this much is relevant to Tanla. The rest is Truecaller’s standalone offerings where they don’t have any tie-ups with Tanla.
It’s 22 million so it’s 2 crore less.
For those who can not do research on ground or paper it makes sense to stick with midcaps and largecaps,not much valuepicking is necessary. For those who can, it makes sense to trust their own judgement based on research and look for multibaggers . Just like there are pump and dump schemes ,there are permabears who manage funds to marginally beat index infrequently and claim assured safety to vindicate their underperformace .
Watching this company … waiting to see if it rolls back a bit with Q2 results .
Disc. Not invested
Some excerpts from the recent ABB India Concall gives us insights into the traction building in the Railways and Metro projects
I would say looking into the metal prices and others but let me tell you that the pipeline is strong. Metals, cement, oil and gas, all the large projects are investing, and they are very upbeat and bullish. And that is how I see from the large projects point of view. And just to add to that, even the mobility part if we talk of traction, so both the Indian railways as well as the metro projects are going quite strong. So, we are in a good space that’s from my side
data centers, F&B, railway and renewable assets. So, large orders from these kinds of sectors are further expected
Also, if you look into the railways, most of the OEMs who are certified to supply directly into railways, they receive our components, and they integrate them into sub systems and they go into the railway system
Thanks for posting this - is the presentation available anywhere? I couldn’t find it on the HDFC Bank site in the Investor section.
Interesting point he made about the importance of having physical branches for customer acquisition. Not that surprising, but good to hear that validation from their experience. Similarly, the opportunity to grow deposits as the branch vintage increases. Also good to hear that he is expecting consumer book to pick up, which they had reduced focus on, post Covid.
Few other insights I picked up - LCR requirements not being a cost anymore given the compression in interest rates, proportion of unsecured loans going down with HDFC Limited acquisition + opportunity to grow unsecured loans to that customer base, cost to income to come down a bit. Priority sector assets - some costs may go up. Enough capital (CET1 ratio, a new term I learnt) till FY28-29, as HDFC Limited is overcapitalized - ROE will go down a bit post merger. Need for dollar bond funding quite limited now, and not in plans currently. Ambition to continue to be in the 2% ROA zone. Don’t see profitability hit post merger though NIM will be lower, as home loan NIM is lower.
@ajaykumar_mali @Santosh_Sinha do you guys think it is still a good time to enter at current price?
Insightful ratings report (link)
Disclosure: Invested (position size here, no transactions in last-30 days)
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