Yudiz solution

A software company in Gaming industry.
They are planning to start their own gaming platform.
Market cap <100 cr
Zero debt.
Avilable below ipo price.
117 clients across world.

Good question, lets see how this plays out. It will definitely impact results of Q1FY25, not sure if they will make provisions for this in Q4FY24.

BSE has issued a clarification on this matter. They say totally from FY 2006-07 to FY 23-24, they will need to pay ~Rs.165 Cr (including interest, 68.64 & 96.3 ) + GST that comes to ~Rs.195Cr. 195Cr is basically 1 yr profits based on previous years earnings, but since last 1 year profits have jumped up significantly, this is approx 2 quarters profts. STILL a BIG NEGATIVE impact.

Wonder how NSE has been paying this? Are they in similar boat or they have accounted as per SEBI?

BSE_28042024194539_NSEIntimatioSEBILetterimpactanalysis.pdf (nseindia.com)

We need to understand why re-rating of a stock happens ? Re-rating or De-rating of a stock does not take place without a reason. Market is collectively more intelligent than we as individuals.
Apart from P,/B ratio , P/E ratio, Prudent investors look at if the scope of business is growing with new opportunities opening up and quality / qty of order book/ Loan book , the asset quality in terms of NPA if at all it is a NBFC.

In case of REC, the NPA has come down quarter after quarter. Now it is reduced to 0.82% as of Dec 2023 from 1.12% as at 31st December 2022. The management of REC walks the talk…Now they are aiming at Zero NPA.

If the asset quality worsens then de-rating may take place as rapidly as it goes up.
Why is it that we as investors look at 52 Week high , all time high etc.,? There Must be something… is it on merit or something artificial. I ignore if it seems artificial to me. but if it is on merit , i too take a plunge to buy a stock even if it is all time high- may be i must have missed the bus at the starting point but it is never too late.

I don’t challenge the market. At times market do over react , but then it corrects or re-rates based upon merit in course of time.
REC’s latest financial performance , asset quality , loan book and scope of opportunities are published by the Govt in this press release. This makes me to believe that this is an opportunity for me to remain invested for long term , given the descent Dividend yield, though I would like to keep an watch on growth in Net profits , NPA trend and govt policy on dividend distribution and if at all it continue to be investor friendly in all its policy matters.

Discl: Invested from lower level , has already given me more than 2X returns plus dividend yield. This is not a buy or sell recommendation. please do your own assessment before investing

All are greedy … why did SEBI not rsise this issue 15 years ago… ridiculous