Augmenta value trust generally invested in the Microcap and Small cap kind of the companies!!
Important Sugar and Ethanol thesis will be work out.
Indian Oil to form JV with EverEnviro Resource Management (14-10-2024)
To focus on advancing biofuel adoption in India
Easy Trip Planners (Easemytrip) – An outlier in OTA (14-10-2024)
Find out who is owner of few of the companies emt invested.
You will start finding the answers
Ahead of Market: 10 things that will decide stock action on Tuesday (14-10-2024)
Indian indices closed higher on Monday, led by banking and IT stocks. Nifty gained 164 points, closing at 25,128. Sensex gained 591 points, closing at 81,973. Retail inflation accelerated to a 9-month high of 5.49% in September. Analysts expect Nifty to continue its upward momentum.
Groww adds 47 lakh SIP accounts in Q2 (14-10-2024)
Added 16 lakh new SIPs, strengthening its market leadership
RIL Q2 Results: From earnings to new business update, here are top 5 takeaways (14-10-2024)
Reliance announced that its first new energy giga-factory is expected to start producing solar PV modules by the end of the year. Chairman Mukesh Ambani mentioned that the new energy business, with its diverse range of renewable solutions, including solar, energy storage systems, green hydrogen, bio-energy, and wind, is set to become a major player in the global clean energy transition.
B C C Fuba India Ltd: PCB Manufacturing Nanocap (14-10-2024)
Apologies for the delayed response, @HarshVijay. I’ve stopped tracking this company as I’ve shifted to other opportunities. If you’re invested, you might want to look into a newly listed company called Sahasra Electronics. About 87% of their revenue comes from PCB assembly, and 78% of that is exported to the USA. They also have a very high net profit margin. I’ve only glanced at it, so I haven’t done a deep dive, but it could be worth exploring further if you’re interested in this industry.
Varun beverages fast growth duopoly business (14-10-2024)
Comparing turkey with India is not the right way in my opinion. Turkey is a developed country and there is a long runway in India. We need to compare consumer company valuations in India. Companies like Dabur, HUL,Britannia,Nestle are commanding huge multiples with hardly any growth vs VBL which is growing double digit every year. Management is consistently increasing TAM size by exploring markets outside India. Yes, 75-85 PE is high hence the stock is moving sideways but if growth visibility is there, it is not going to come down in a hurry imho.