Posts in category All News
F&O Talk: Sector rotation at play, while Nifty aiming for new highs, says Madhu Bansal of The Finberg (14-07-2024)
Urban enviro waste management (14-07-2024)
Yes. Even I agree with @vikasbargale ji. The Government risk is high. Further, no new exponential growth is expected form this Company since no innovation is expected in garbage collection. Hence, competition is very high for this Company to turnover around fast.
Further, from the fundamentals of this Company, PE and Price to book ratio seems is very high with no visibility about how they will expand business with a unique MOAT. Mere compositing on margin wont create wealth for any investor. Further, no investor presentation and relevant update on further growth by the Management with any unique MOAT.
If want to explore, then explore on environmental related stocks which deals with air pollution, rain crises, water waste management, ewaste recycling, etc. Recently, Maharashtra Gov allotted huge budge for this sector and eventually, all States and Center will have to focus on environmental changes.