So CRISIL puts a +ve watch on credit rating (meaning will be upgraded) as result of merger with high cash generating Rane Brakes
e26be96f-e7d8-454d-9f46-ee40178bbe15.pdf (420.7 KB)
Posts tagged Value Pickr
Rane (Madras) Ltd (22-02-2024)
Cupid Ltd – Helping the world play safe! (22-02-2024)
Bought in personal capacity as a financial investment, should be okay I think. So long as he hasn’t leveraged himself or pledged Cupid shares…
IRM Energy – A new kid on the (listed CGD) block (22-02-2024)
Thanks. Very interesting set of information. New GA of Trichi and Nammakal is just 1% of volume still. It should become larger than 50% over time. So we are looking at doubling of volumes even if zero growth from other GA.
Another interesting fact I noticed that Mahanagar gas paid Rs 562 crore for Unison gas which has just 1.1 million metric standard. IRM is 5x of Unison currently.
Still seems to be one of undervalued stocks with virtually no downside and upside of 2x atleast.
Not sure if market is missing something or my/HDFC analysis is incorrect.
RS Software – Will they pay investors too? (22-02-2024)
I was going through the AR and linkedin posts and it seems their investments in product development has finally started to bear fruits specially in US markets.
If they are able to sustain Q3 results then a big rerating will happen in the company (just like what happened with NPST last year)
Payment/banking software/platform cos enjoy very high OPMs and trade at high valuation multiples
Walchandnagar Industries | Return of a Golden Era (22-02-2024)
INDIA GOVT: 100% FOREIGN DIRECT INVESTMENT ALLOWED IN SPACE SECTOR UNDER AMENDED POLICY
Looks like all things are aligning beautifully for Walchandnagar as strong tailwinds coming in its end markets (nuclear energy and space).
Exciting times ahead. All depends on management execution now to take advantage of this big opportunity!!!
Chandan Portfolio (22-02-2024)
One of the easiest way could be: Sort your Portfolio table on Cur. Val column, book profit in names where the final amount is say less than 50K/1L.
With the money in hand, top-up the existing name with strong tailwind and good business.
In simple terms, why experts suggest 10-12 holdings is …to get focused on Portfolio Allocation.
If capital gain is coming out to be >1L, sell in two tranches, one before 31Mar 2024, other in April 2024 or later.
You have bought good names at low price…don’t look at just percentage return, look at the absolute value too. Instead of spreading thin and wide, can concentrate.
Of course, you can also switch horses, from not so good business but with high allocation to good business with lowest allocation in your existing portfolio…you can also add a new name…see, that is the flexibility of self investing, otherwise we have Mutual Funds.
Hope this helps in getting started.
3B Blackbio DX Ltd (22-02-2024)
Good observations. In the Statement of Standalone Unaudited financial Results for the Quarter and Nine Months ended 31-12-2023, item no. XII, paid up capital is recorded as 856.79 lakhs.
https://www.bseindia.com/xml-data/corpfiling/AttachHis/057c94d7-5e91-462f-9103-22c2257cb67e.pdf
Hence no. of shares: 85.679 lakhs?
Meanwhile, such wrong exhibits in portals of BSE and other media conveys the fact that ML and AI systems relied on by such portals should be more efficient and needs improvement at this time. It also indicates that diligent number crunching is necessarily needed for serious investors. Most probably it may bear fruit in long run if system is stable.
IDFC First Bank Limited (22-02-2024)
Can someone please help me in valuing a bank on its Total Asset to the market capitalisation multiple. IDFC FB looks me cheap if there is not any significant asset quality problem.
AGI Greenpac- on the cusp of growth? (22-02-2024)
Basically the bid for insco was not considered despite being compliant with the CCI approval
And AGIs was considered by coc despite not getting a greenlight from CCI.
The court order has asked that insco Bbid allowed to be considered and AGIs opposition to it be dismissed
This means INSCO will push lenders and the RP to go back to bidding and the bids will go higher.
Lenders will make more money but who gets the asset is unknown.
So even if AGI rebids and wins
A) it will cost more money
B) It will take more time
Both are bad for AGI
Borosil Limited (21-02-2024)
Does any one sees the shares of BS in their demat account