India’s mining royalty rates are among the highest globally. Lowering these rates could boost investment and foster growth in the mining sector.
Posts in category Value Pickr
Godawari Power – Any Trackers? (01-09-2024)
These are my own views to provide a balanced perspective.
Godawari Power – Any Trackers? (01-09-2024)
A book value multiple of 1 to 1.5x is generally reasonable.
Godawari Power – Any Trackers? (01-09-2024)
What kind of book value multiple are you expecting for this cyclical stock in a regulated mining industry?
Godawari Power – Any Trackers? (01-09-2024)
If you are posting lines from analyst documents or from websites, do say so. You are confusing members who have invested. Also, it is better to add your own view, in addition to what you post, even if you are not invested.
Godawari Power – Any Trackers? (01-09-2024)
As it appears to me it is not at all a concern. It is just tracking fall in iron ore prices. If you see prices of all iron ore companies, you will observe similar trend. And it has nothing to do with book value. Iron ore prices in international market is at 52 week low due to Chinese concern and it may go down further as per experts. And it is not going up until Chinese demand comes back. And to compound the matter further there is the concern of rising state royalties on the back of recent SC judgment.
Ranvir’s Portfolio (01-09-2024)
Sir why this business is making only 12% margins (Due to foray into EV or what is the reason),as against earlier they were making 17% kind of margins and margins are in declining trajectory,why?
Microcap momentum portfolio (01-09-2024)
What was your strategy? How did you select stocks? Can you share a few details?
KRBL- The King of Basmati rice (01-09-2024)
yeah, there’s also some receivable issue in Iran, CFO was low for FY24. Company is sitting on all time high inventory.
AGM is on Sept 13, 2024.
Godawari Power – Any Trackers? (01-09-2024)
CMP is INR 950/-, when I checked it on screener.in