SEBI has proposed to make a few changes and has sought feedback from industry experts and market participants views through a consultation paper
Kotyark Industries – Only Listed pure Biodiesel Player (27-09-2024)
EBDITA will be same or EBIDTA margin?
Malhar’s Investing Thoughts (27-09-2024)
@Malhar_Manek please share more research about eiko lifesciences
LIC sells 2.09% stake in Mahanagar Gas in open market for Rs 314 crore (27-09-2024)
LIC has lowered its stake in Mahanagar Gas from 9.03% to 6.94% through open market transactions. LIC sold shares at Rs 1,521.31 each, totaling approximately Rs 314 crore.
Swiggy IPO: Prosus may pocket $500 million; founders snag $36 million via secondaries (27-09-2024)
Swiggy’s largest investor, Prosus, plans to offload a 5% stake in the company’s upcoming IPO, potentially realizing over $500 million. Other investors like Elevation Capital and Accel will also sell parts of their stakes. Swiggy aims to raise up to $448 million through fresh shares.
Micro Cap Portfolio (27-09-2024)
Although it depends on the levels at which you’ve added these stocks, here are my personal and honest views for first few since its a large list:
Your portfolio seems quite large and diversified. I would recommend avoiding such extensive diversification. I assume you also hold a mix of small, mid, and blue-chip companies.
- Avonmore Capital: It’s Avonmore, not Avanmore, and the company looks decent. There’s potential for further growth, but its P/E ratio is higher than the sector median of 23.
- BA Packaging: The P/E ratio is still lower compared to other companies, but the stock has seen a massive run-up since 2020. I would avoid adding more at this point.
- BN Rathi Securities: It’s too small to provide a thorough comment. However, its 5-year P/E is 6, while the current P/E is 15.2. In this sector, Price-to-Book Value is a more relevant metric, and the growth outlook appears promising.
- Beardsell: It’s still at good levels, but the company isn’t reducing its borrowings. There’s no significant increase in fixed assets, and no progress has been made in CWIP (Capital Work in Progress). There is lot better companies in Chemical / manufacturing sector which have increased capex and fixed assets and are still down by 50% +.
These are just my personal views, and I am not SEBI-registered.