Yes that is correct. Their non-reliance on EU-USA geography is what kept them going good during the recessionary times (2021-present?). The likes of InfoBeans are struggling even today.
Posts in category Value Pickr
Trent — A value unlocking story from the house of TATA (25-08-2024)
Focus on companies earning & Profit.
ignore the crowd
Nobody can predict the future
Wait for deep cut and invest as per your risk appetite.
If you are short term trader forget above advice .
Newgen Software (25-08-2024)
Newgen ‘s USA journey just started now. That’s THE Market. With rate cuts coming, and all IT companies, r telling that BFSI CIOs in USA r loosening the purse…things will be become better for them.
Till now, whatever results came, came mainly from India, APAC and Middle East…long runaway ahead…
Bajaj Finance Limited (25-08-2024)
Bajaj Finance – Analysis – 25 Aug 2024.pdf (803.9 KB)
Pls check this.
Red Tape Ltd. – The next fashion giant? (25-08-2024)
Red Tape sells more than shoes in their store. It leads to better sales/sq ft, Sales/ employee. The software costs, interior costs are also shared among more than on segment of products
Corporate Actions : Buyback , Market Purchase or Sell (25-08-2024)
The recent developments are definately value unlocking in nature.
Few of the existing shareholders of Innovasynth Technologies India ltd (ITIL) were remunerated by a pref allotment of ITIL shares at 19 Rs premia.
There is a further amalgamation of both the entities, which shall take the promoter stake to 70 pc.
But on an absolute basis the value of the merged entity can be much much higher.
Need to deep dive on the valuations of the entity.
The company shall get a bit of holdco discount.
Kalpesh’s Portfolio (25-08-2024)
What kind of bonds are you holding? Do you have both debt MF and individual bonds from companies and government or only bonds? If you can also mention the reasons for choosing them, that would be helpful.
The Anti-Portfolio (25-08-2024)
Same change in my portfolio Vikas, Was very bullish on Sanghvi had entered around 800 levels and sold it at 900 to increase Samhi Hotels PF allocation. Good to see 40-50X baggers in your PF.
I am still waiting to find my more than 10X PF stock however combined PF gains in last 4 years are now close to 48X so God is kind enough. my 50-60% capital allocation goes to top 2-3 bets, till now 2 out of 3 have performed creating large alpha:joy:
Red Tape Ltd. – The next fashion giant? (25-08-2024)
As @hakim_yamin rightly said Redtape is not just a shoe company anymore.
Revenue mix –
It isn’t necessary to sell more of other products to create an alpha. In certain cases, when a company has a better price-to-value proposition than its competitors, it generally tends to do better.
Although I currently don’t hold an investment in Red tape as I could coincidentally see the slowdown coming, the long-term story is intact.
The Anti-Portfolio (25-08-2024)
Yes, since I invested, was very surprised by their guidance of ~15% growth for the next year. Two weak quarters sealed its fate.