Take the exit pe as 15-20 if growth saturates or market cycle changes as 10 year back 25-30% growing companies were plenty at 10-15 pe which is rare now but these cycles change some experienced persons say this. A selling criteria will be when the stock reaches tripple digit pe. Or when we will judge that growth rate will slow down…we just need to check Financial year starting orderbook to that financial year revenue conversion ratio. For example fy24 revenue is around 225 cr and starting orderbook was 250 cr approx. Whereas for Fy25 the starting orderbook was 700 cr…so we know the growth is going to accelerate (this was my buying point around 700).
Now at end of Q2 orderbook is 1200 which as Q1 end was 900 cr. So only sign of revenue acceleration. Plus it’s a new sector geospatial so market will give a high pe till the growth rate maintains or accelerates. The moment there will be indication of growth slowdown it will be better to exit. This is very plain and simple to understand when growth will slowdown.
Posts tagged All News
Ceinsys Tech-Engineering, Geospatial & IT solutions Company (21-11-2024)
Ceinsys Tech-Engineering, Geospatial & IT solutions Company (21-11-2024)
(post deleted by author)
Kiri Industries: Loan reduction and demand surge (21-11-2024)
The only negative thing now is they will invest half of the money to some random business (total waste). However some one mentioned earlier that they will receive 1000 rs a share from Dyster. So leaving 50% from that 500 rs is still free of cost with a 537 rs share. I bought the shares solely because promoters have bought a huge chunk of the company with preferentials.
I had no experience of special situations. Hope this one will do good.
These 5 stocks hit 52-week highs, rallied up to 15% in a month (21-11-2024)
Despite the market downturn, five stocks from the BSE500 index reached their 52-week highs. A 52-week high signifies the highest price a stock has achieved in the past year, providing important insights for traders and investors.
Adani group’s stock slump puts Quant Mutual Fund in a spot, again (21-11-2024)
The fund house, which manages over Rs 1 trillion worth of assets, had the highest exposure to these stocks among the larger fund houses
Gold jumps Rs 1,400 to Rs 79,300 per 10 gm; silver remains flat (21-11-2024)
Gold prices jumped Rs 1,400 to Rs 79,300 per 10 grams in the national capital on Thursday due to fresh buying by jewellers and retailers, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 77,900 per 10 grams in the previous session.
Wireless subscribers witness decline of 0.87% in September (21-11-2024)
Telecom Regularity Authority of India (TRAI) has released the telecom subscription data for September month. It noted that the wireline subscribers increased from 36.23 million at the end of August 2024 to 36.93 million at the end of September 2024 with a monthly rate of growth 1.93% while the total wireless subscribers decreased from 1,163.83 million at the end of August 2024, to 1,153.72 million at the end of September 2024, thereby witnessing a monthly decline rate of 0.87%.