Posts in category All News
Nifty June futures trade at discount (26-06-2024)
Sensex jumps 621 pts; Nifty ends above 23,850; media index advance (26-06-2024)
Nifty Bank hits fresh record highs; here are key levels to track on Thursday (26-06-2024)
Bull therapy 101-thread for technical analysis with the fundamentals (26-06-2024)
Regarding Garware, what do you think about the possibility of price getting re-rated before the new capacity comes online? Result wise its almost sure that they can’t do much better for next 3-4 quarters since they are running at full capacity, but the p/e ratio is very cheap considering current market and roughly 100 rupee eps in FY 25. I also sold it at around 2K, since in past I have held onto cap-ex stories and sold in frustration because of interim turbulence as things like depreciation, interest starts immediately but full capacity utilization takes much longer and by that time market sentiment changes for worse and the price basically goes nowhere profitable .