Huge delievery volume today. Bulk deal alert
Posts tagged Value Pickr
Meson Valve : A ‘Make in India’ player (15-04-2024)
(topic deleted by author)
Hariom Pipes Ltd: A Capex Play! (15-04-2024)
If I am not wrong then Anti-dumping duty is on Stainless Pipes & not on ERW Pipes
Syngene International (15-04-2024)
Extremely useful info shared.
Thanks Dr. Vikas for the complete update on CDMO Business landscape.
Green Hydrogen as a Fuel – Indian Companies leading the Green Revolution (15-04-2024)
Ammonia toxicity is known…but not Lethal at 500 PPM. Exposure to 2500 to 4500 PPM for 30.minutes could be lethal.
Ammonia is in use since more than 100 years.
(1) To produce fertiliser – DAP, Urea, Ammonium nitrate , Ammonium sulphate
(2) House hold cleaning
(3) pharmaceutical industry
(4) As a refrigerant
(5) As hydrogen carrier
(6) Directly as a fuel in trasport.
Ammonia Toxicity – StatPearls – NCBI Bookshelf.
https://spectrum.ieee.org/why-the-shipping-industry-is-betting-big-on-ammonia
Hariom Pipes Ltd: A Capex Play! (15-04-2024)
Anti dumping duty on China is on till 2028
Hariom Pipes Ltd: A Capex Play! (15-04-2024)
Preciously and Very Neat estimates… Even I agree with all your assumptions + Triggers…
Trading at very reasonable valuation of below 10 in FY26 Estimates
For antithesis:
- Concentration in Revenue (Top 10 customer contributes over 50% of sales)
- Cash Flow + Debt Saga (Weak CF need to be fund with Debt or Equity… If CF hasn’t improve then whole growth + OP lvg would be messed)
- China Dumping of Low quality & price Pipes, (Although Hariom has advantage but this can harm margin profile)
- Almost all players in ERW industry is doing Capex, this can again hamper profitability if Supply > Demand
- Some Related Party transactions (But I feel it’s okay as every company has such things)
Transformer & Rectifier India Limited (15-04-2024)
Fantastic news posted by TRIL today
Hindustan Unilever (HUL) (15-04-2024)
Life Insurance Corporation of India has done a large acquisition of shares (>5% of stake) of HINDUSTAN UNILEVER LTD.
Shilchar Technologies – Power & Distribution Transformers – Sunrise Sector? (15-04-2024)
I meant like a long term horizon i.e. more than 2 years. With regards to U.S. demand, We have to crack the Cash Flow cycle. Then only it becomes an sunrise industry.