To me, the business appears to be something special, Since most of export businesses observed revenue decline in the past 2 years and expecting decline for 3rd year…through out the same time peiord priti’s revenue grew.
Q- What is it that makes priti’s growth different,if 80% of its business is export ?
Q-How expected fed rate cut in USA and EU could effect its business, does its revenue move in line with the consumer product demand ?
Posts tagged Value Pickr
Priti International Ltd (29-12-2023)
KPR mills – textiles & sugar (29-12-2023)
Will there be any impact of Red Sea crisis on KPR Mills?
Arman Financial Services Ltd (29-12-2023)
I did not see this disclosure on BSE website
STALLION ASSET PRIVATE LTD
Bought 58,406 shares @ Rs.2,529.99
Seller- ELEVATION CAPITAL
It seems Elevation (promoter group) took a partial exit from open market
The net worth now stands at 733 crores post dilution
Oriental Carbon and Chemicals Ltd (29-12-2023)
It seems the NCLT approval for demerger is still pending as per this new case details: https://nclt.gov.in/case-details?bench=YWhtZWRhYmFk&filing_no=MjQwMTEwNTAwOTUyMjAyMw==
The next hearing is set on 11 Jan 2024.
Easy Trip Planners (Easemytrip) – An outlier in OTA (29-12-2023)
I agree with your view, previous bonus and splits are unnecessary.
I am still holding and Hoping that business will grow in the way we want to see, This Quarter could be block buster as per EMT & MMT conversation with media.
In my opinion going forward these customer discount’s will be diminished and improve the bottom line and most focused area for me is hotel business, in which margins are very high as compared to flight tickets booking.
Bajaj Finance Limited (29-12-2023)
Bajaj Finance get advantage of this (Gain market share)?
Olectra Greentech – Electric Bus Opportunity (29-12-2023)
I will try to answer few things as per my understanding about the company.
They have started construction activities of a new facility with a capacity of 5000 buses/ years on single shift basis, this will be ready in this month. This facility can help them to clear the backlogs.
Regarding 12 years contracts, they are selling buses to the operator not ST’s, operator will clear the due amounts to olectra (As per some concall discussions ) as per the payment cycle. This 12years staggered payment may not be applicable to olectra.
Now in 1 more tender (BEST) they are L1 (told by management in previous call) and price negotiations are underway. Order book will be 11000 buses now.
Order book can grow from here onwards due to PM e-Sewa EV bus tenders, 3600 buses tender is already floated and about to close in the Jan’24.
Easy Trip Planners (Easemytrip) – An outlier in OTA (29-12-2023)
Management has this need to constantly talk up the stock while diluting stake. Prone to making misleading claims or project small ticket acquisitions as big game changers. Red flag for me, made an exit
Patels airtemp limited (29-12-2023)
Hi,
With passing away of founder, the company will take sometime to gain back the momentum. But in general, the things are well on track and hopefully the next generation Mr. Sanjiv Patel will accelerate the company going forward. I believe the winding of US subsidiary is a good decision as no business advantage was there because of the office and they are able to manage things from India. Company is very conservative but lets see with new person in charge how things go.
Disclosure – Invested and adding few.
Priti International Ltd (29-12-2023)
Priti International 20231204.pdf (804.6 KB)
I have studied Priti’s business recently and prepared my own workouts in a simple presentation. Happy to take anyone’s question. and do let me know, if negative points to validate on Priti International. Thanks