Hitesh portfolio

Hi Hitesh bhai,

First, Thanks a lot for sharing your invaluable experience with us.

Could you please throw some light on the following stocks, if its in your radar?

1) Hawkings Cooker

The stock is consolidating for a long time. Fundamentals look promising.

• Two digit top line and bottom line growth.
• ROE and ROCE are 40 and 50% respectively
• Lower share capital with almost debt free balance sheet
• Industry Analysis- Indian cooker and cookware segment are expected to grow at a decent pace on account of increasing per capita income and penetration of LPG in the rural area. TTK Prestige management vide concall highlighted that cooker segment will outperform in the coming years.
• Management is aggressively widening the portfolio from only cooker to cookware by launching around 35 new products in the market
• Aluminum prices were quite high in the previous quarter but on a good not started coming down. So we see some better numbers from Q2 or Q3.

Stock price has been consolidating in narrow range since last two years.

2) Vardhman Holdings

• Extremally low share capital
• Debt free company
• Assets are increasing exponentially Y-o-Y
• Good Y-o-Y numbers on topline and bottom line
• Having 26% holding in Vardhman Textile, leading textile company with robust management and International presence. Vardhman textile is also expected to perform well once Cotton prices are cooled down

It is believed that all holding company trade at 50% discount but this seems undervalued. Stock is trading at flat 50% discount from all time high

Any thoughts on this? My analysis and intuition are forcing me to believe that this could be a next multi-bagger. I can completely be wrong.

Kindly share your valuable insights on this. Many thanks in advance.

Best wishes to all investors for multifold returns.

Love from,
Preet Shah