After experiencing an 11 per cent contraction in exports in 2023-24 (FY24) due to a dip in exports for 10 consecutive months from April to January, the Tiruppur textile industry is back on track in 2024-25 (FY25). The cluster, which contributes 55 per cent of the country’s total knitwear exports, posted a 13 per cent increase in the first five months of this financial year (FY25), with August seeing a 22 per cent rise – the highest in over two years.
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The Anti-Portfolio (12-11-2024)
Vikas ji!
Since I’m a bit of an “action hero” in the market (read: click-happy 
), I’m always itching to buy something… usually one stock at a time, then more if it drops. And in this bull market, if it doesn’t rise, well, nana-mota position gets the chop!
For me:
- Renewable energy? even the hills of the Sahyadri have heard the full saga by now!
- Transmission & Distribution? Looks confirmed—be it green, blue, or even grey power, the juice is flowing!
- And the next hot theme? Room ACs seem to be all the rage! I’ve loaded up on KRN, hoping it’ll chase the PGEL run… right now,(after reading PGEL presentation) it’s hot on that trail. is it 5X -10X type?
Have you or anyone from “Finance Samaj” here have checked out this RAC story yet?
Varun Beverages shares 0.18% as Sensex (12-11-2024)
A total of 80,187 shares changed hands on the counter till 12:23PM (IST)
Akums Drugs tanks 10%, falls below issue price on weak Q2 earnings (12-11-2024)
In two days, the stock price of Akums Drugs has declined 19% to Rs 645.30 and fallen below its issue price of Rs 679 per share.
Journey of Equity investing learnings , growth and scaling (12-11-2024)
Untill you have concentrated bet, you wouldn’t be able to make it meaningful, there are risk associated with large bet hence valuation comes in picture, mostly turnaround, forgotten by markets or stocks sitting at cusp of growth triggers. You need some luck as well. Higest the safety of margin, higher the chances or capital protection if events not unfold as you thought.
I have done it repeatedly in last 7-8 years with 80% success rate. Its an art which requires lot of courage and patience, holding a rising large position is more problematic. I have done it with Vodafone Idea, Tata Motors, Shoppers stop, ABFRL, Latest Kalyan Jewellers, Started with 25K stocks in Nov 22 at 115, diluted 2K at 300, diluted 5K around 500, diluted 4K around 650, diluted 11K between 700- 750 as its too expensive for me now, holding 3K, will sell it again as Istock is discounting 2 year forward earnings and competition is heating up after entry of PN Gadgil, Novel Jewels, PC Jewel, Senco and other small IPO’s. This sector is avoid for me know.
Built up a large position in SAMHI hotels which is trading at 10 EV/EBIDTA own 90% of real state, discounted around 50% with marque brands like Merroit, IHG, Hyatt. Can’t lose much from here.
Canara Bank 0.67% as Sensex (12-11-2024)
The stock traded at a P/E multiple of 5.86, while the price-to-book value ratio stood at 1.27.
Uno Minda rises 6% after reporting Q2 results; PAT up 9%, revenue up 17% (12-11-2024)
The company recorded a revenue of Rs 4,245 crore, up 17.2 per cent, as compared to Rs 3,621 crore a year ago
ACC shares 0.39% as Sensex falls (12-11-2024)
A total of 1,141 shares changed hands on the counter till 12:13PM (IST)