Update on previous post-
Deccan Cements
Stock near 52 week high. More upside if crosses that.
New factors – South India Cement prices are hiked by ~10%
As mentioned in previous post, DCL is a low cost cement producer and was PAT positive when other south players posted losses. If sustained, this price hike can result in super profits which will further help their capex.
Also found this article where they awarded contract to KHD, same firm used by the likes of Ultratech and other biggies.
Update on Dhanlaxmi Bank – had a good run up of >50%
quarterly update showed growth on all fronts
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