hi,
How to check industry group ranking for indian market? kindly elaborate.
Posts tagged Value Pickr
Investing Basics – Feel free to ask the most basic questions (12-02-2024)
thanks a lot for your guidance
Skipper Ltd., (Power and Water) a moat in making? (12-02-2024)
One of the most bullish slides of Q3 I have seen this time-
And not to forget this-
Well done Skipper.
(Disc: Invested 5% of PF)
Dividend Growth Investing (12-02-2024)
High Dividend companies are either ex-growth and if they are not then dividend yield will not remain where it is as it’s valuation will rise to lower the yield as they get discovered by the market. So high dividend is only a debt proxy with some compensation for extra equity risk.
Kovai Medical Center and Hospital – Health and Wealth (12-02-2024)
Amazing results. I never expected this co will post such nos…growth has been very smooth and consistent over the years.
The education segment is also doing well which was doubted by everyone till few years back.
I hope the management opens up to investors and starts interacting.
Ayush
Disc: Invested in family and client acs
Alufluoride Limited-conversion of waste into wealth (12-02-2024)
Breakout retest in monthly TF.
RSI breakout retest in MTF today also.
Disclaimer – bought today. view biased.
CAMS – Indirect Bet on Financialization? (12-02-2024)
Computer Age Management Services Limited Q3 FY ‘24 Earnings Conference Call February 07, 2024
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Unifi is a very prominent PMS provider based in Chennai and has aspirations to operate a mutual fund. They were one of those 10, or 11 entities that had applied for a license in the last about 18 months
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Mutual fund assets stand at about just short of INR34 trillion, INR33.95 trillion
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Our overall market share stands at 68.2%
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SIPs grew 29% year-on-year. The industry grew by 19%
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Helios Mutual Fund and Zerodha, both went live during the quarter
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Non-mutual fund businesses:
This has grown about 3.3%, so 330 basis points. The share of non-MF is at the rate of 13% now -
CAMS KRA:
Where you’ve seen that we’ve declared over 100% revenue growth at 129%. From an entity, which used to largely cater to CAMS service mutual funds, we’ve gone beyond CAMS service mutual funds across all of them. But now that alone, from a fintech brokerage, and wealth advisory perspective, all these entities need KYC and KRA services, and CAMS KRA has brought in a large number of customers in the last 12 months to both broaden our clientele and scale revenue -
CAMSRep:
Has gained entry, and you know that the non-life segment also now has KYC as a mandatory step before you purchase insurance. So we have won the mandate for Oriental Insurance to do KYC for them, digital KYC. This is a joint go-to-market and a joint offering between CAMSRep and Think360 -
CAMSPay:
We have won an exclusive partner status from LIC to execute customer account authentication. This is largely third-party verification of accounts of people who wanted to buy insurance and are stepping in digitally. -
CAMS, the overall revenue book grew just short of 19%, at 18.9%. Within the MF, revenue grew 14.6% year-on-year. Non-MF grew a staggering 59% year-on-year
Natural Capsules – Pharma play with solid fundamentals (12-02-2024)
PCB approvals are electronic now. Though you do spend some bucks in getting it, It is not as tough as it used to be. Seems it will be tough for chemicals/ Pharma companies given the stuff they are dealing.
Same, Staying put for another quarter and begging dear god that they don’t come up asking another week.
Today was a 6% drop, Waiting to see if it will drop anymore and would top up (≈ 300) will be sweet.
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (12-02-2024)
PPFAS added more ITC in Jan 2024.
I would still wait for base formation as the stock just broke the 200DMA but overall good time to add.
P.S. Looking to add to current position.
TCI Express – Logistics Sector niche player (12-02-2024)
Another flat results with margin slightly going down and net WC days going up.
Management comments :
Pune sorting center is on track for completion by the end of March 2024. This strategic move is expected to significantly reduce downtime, streamlining processes and improve overall operational efficiency.
In short, We may have to wait for more quarters for the stock to move up. Price hikes may not be that easy as competitors like Delhivery is trying to pass on benefits to customers in the form of discounts as they scale their operations. Delhivery posted their first profit with 5000 cr in their balance sheet.
Source for the snaps :q3 fy24 investor presentation.
Disclosure : Invested