Promoters held 51.52 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 16.66 per cent and 8.98 per cent, respectively.
The Ideal Investment Thesis (17-10-2024)
As Duvvury mentioned, Screener.in is a great website. Apart from that, there is company specific material such as Annual Reports, Conference Calls, Quarterly Presentations etc.
The Ideal Investment Thesis (17-10-2024)
Thanks Rajesh. For new businesses, I’m counting on the metric What is the growth strategy? That should cover growth via new products, new geographies, new product lineup, new target customer segment.
Regarding your point on Valuation, it is still something I’m evolving in my head. I know methods like DCF exist, and I used to use them in the past, but just couldn’t find enough accuracy to proceed with them. What my thinking regarding valuation is: Based on the thinking that ‘prices will always return to mean in the long run’, I compare the current PE to the historical PE
Why 30? Nifty history PE for last 10 years has been around 22, so 30 is just a comfort number based on that. I’m not too strict about it though. I have invested in Indian Hotels which trades at a 70+ PE and historically has always done so.
Auto shares fall (17-10-2024)
Auto stocks were trading in the negative zone, with the BSE Auto index falling 1782.42 points or 3.03% at 57046.52 at 13:47 IST.
Consumer goods shares fall (17-10-2024)
Consumer goods stocks were trading in the negative zone, with the BSE Consumer Discretionary index falling 212.87 points or 2% at 10452.42 at 13:47 IST.
Real Estate stocks slide (17-10-2024)
Real Estate stocks were trading with losses, with the BSE Realty index decreasing 287.19 points or 3.39% at 8188.19 at 13:47 IST.
Shares of Bajaj Holdings fall as Nifty drops (17-10-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 8972.1.
CAMS, GE T&D India among 5 small & midcap stocks that hit 52-week highs on Thursday (17-10-2024)
Bucking the market downturn, five small and midcap stocks within the Nifty 500 index surged to new 52-week highs.