There is room to fall but supports can limit the downside and keep the uptrend intact
Lic housing finance (05-10-2024)
LIC HF may be good buy considering the sales of 27k cr. None of the other HFCs are nowhere near this sales figure. At P/E of 7.x, this may be attractive buy.
The SME portfolio (05-10-2024)
@Aakash_Suresh, the problems specified are spot on.
I actually was invested earlier in this company and communicated with their CS with regards to the Arbitrage fund sub-par returns and since they have absolutely no need for the Investments in working capital, even FDs fetch better returns. I did get response from the CS, but looks like they still are in the same funds.
My exit was triggered by H1 FY 25 results, abnormal margins along with negative cash flows and increase in price due to the results.
Succession plan, lying funds and uneven sales trajectory makes it an optimum value trap.
Although the company comes with decades of experience and currently supported by the tailwinds in the industry.
Overall it gave me decent returns in short span of time, so I am naturally happy with the company but it should not be viewed for more than a medium term bet.
Note: currently not invested and not read AR and recent announcements.
Zomato – Should you order? (05-10-2024)
Its very easy choice for Govt. Quick Commerce employs thousands of direct employees, whereas Kirana stores provide incomes to millions of house holds. Also large unorganized labour works in Kirana stores or at FMCG distributor level. I don’t think govt’s will bring major policy changes, however, small changes like providing Health Insurance / PF benefits to its delivery partners or no special SKUs for quick commerce has potential to hurt bottomline of quick commerce companies.
Aeroflex is a conviction pick riding on multiple tailwinds. TP ₹230 (29%) (05-10-2024)
Aeroflex is a conviction pick riding on multiple tailwinds. Well positioned to benefit significantly from healthy global demand of flexible flow solutions & is expanding its presence to new age sectors. Focused on improving profitability. TP ₹230 (29%)
Aeroflex is a conviction pick riding on multiple tailwinds. TP ₹230 (29%)
Bank of Maharashtra allots 61.01 lakh equity shares under QIP issue (05-10-2024)
Pursuant to the allotment of equity shares in the Issue, the paid-up equity share capital of the Bank stands increased to Rs. 76915549500 (comprising of equity shares of 7691554950 of Rs. 10 each) from Rs. 70813736390 (comprising of equity shares of 7081373639 of Rs. 10 each).
Samhi Hotels – Turnaround with Tailwinds (05-10-2024)
Yes, corporates borrow in combination of both fixed and floating interest rates, as far as I know short term debts will be mostly on fixed rate, long term debts will be on floating rate.
So from Q3, Q4 we may see interest cost come down a bit and it should flows to bottom line, barring any black swan event (current Iran- Israel ) , things are in getting interesting in this counter.
Avantel Q2 PAT jumps 42% YoY to Rs 23 cr (05-10-2024)
Avantel reported 42.44% increase in consolidated net profit to Rs 22.89 crore in Q2 FY25 as compared with Rs 16.07 crore in Q2 FY24.