Any comments on below news concerning the sector
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Evasion of custom tax
Six solar firms face DRI probe for ‘evasion of duty’ – The Economic Times -
Relevant for their Parent company
Posts tagged Value Pickr
Waaree Renewables – old Sangam Advisors – can it keep on renewing? (07-02-2024)
RACL Geartech Limited (07-02-2024)
I think the market is also becoming aware of the fact that there are some scalability issues because of the nature of the business they are in.
I understand there are substantial contract wins, and the top & bottom-line prospects of the company in the future also look good. However, it requires significant investment for the company, not just in allocating capital for fixed assets but also in a skilled workforce and retaining the same over time. The complexities of the products they build are reflected in their margins. Still, in my view, the scalability for such a business is all about execution, and with increasing size, investors cannot think of any non-linearity in the growth of the top-bottom line for this company.
Disc: small tracking position
Shilchar Technologies – Power & Distribution Transformers – Sunrise Sector? (07-02-2024)
Audio recording of the concall is available on Alphastreet Intelligence
WPIL Ltd – Global Water Pumps (07-02-2024)
Has there been any fundamentally negative news thats has led to the stock correcting significantly in the last few days ?
Laurus Labs – Can Business Transform to Next Level? (07-02-2024)
I am not sure about the revenue impact. Still, I appreciate that management has a vision for allocating and strategizing capital for life-changing, disruptive investments. It may not mean much in the short term, but it opens huge levers for players like Laurus in the long term, not just for economic and social aspects but also for creating a name for themselves in the space.
IPO Review – Discussion until listing (07-02-2024)
https://x.com/ipo_mantra/status/1755078221614248257?s=20
Quote:
“2 points to note here to get HNI Allotment in SME IPOs:
- HNI Allotment is proportionate.
- You need to apply equal to or more than HNI Subscription to get confirm allotment.
Example:
If HNI subscription is 40x then apply at least 40 lots to get confirm allotment
If HNI subscription is 150x then apply at least 150 lots to get confirm allotment
If HNI subscription is 470x then apply at least 470 lots to get confirm allotment
And So On …”
Huge amount is required for confirmed allocation. It would be better utilised in secondary market.
Pondy Oxide & Chemicals (07-02-2024)
Has anyone attended the recent EGM ? It would be great to share the notes.
Waaree Renewables – old Sangam Advisors – can it keep on renewing? (07-02-2024)
I have never tracked this company, but something seems to be amiss in your illustration.
Their TTM sales and profits are 665Cr and 106Cr for FY24. Your estimate of FY25 sales and profit is 3572Cr and 556Cr. Do you think thats doable?
An EPC business with a sustainable PAT margin of 16% ??? Doubtful.
Their total outstanding shares are 2.1cr.
An overview of the current merger situation and a fun analysis of if Sony can even terminate this merger (07-02-2024)
Great write up, thanks! Would like to know what institutional investors have said – or done – in this whole episode. It is after all they who now own Zee.
Shilchar Technologies – Power & Distribution Transformers – Sunrise Sector? (07-02-2024)
Even I tried logging-in using my Microsoft login but it says your username is not on the list.
I could not access the concall. I don’t know why company has choose this unconventional means to give access to concall.
Thanks Vikas, Mahesh.