Palantir was the client as per an internet source. The company is controversial and recently won an NHS contract from the Rishi Sunak Government despite many protests and opposition. Maybe this deal loss is related to Rishi Sunak being linked to Infosys.

I would argue and maybe unsuccessfully. Trent has a moat in the sense that 100% of their sales via owned sub-brands. Now these will not be household names. But they are integrated design to customer retailer a-la ZARA or H&M across both Westside and Zudio.

If we see their competitors i.e : Reliance Trends, SS, Lifestyle etc they play on shop in shop or buy and sell models. Maybe 30% of the products they sell are own brands. This impacts margins, ROCE and ability to change as per consumer demand. Look at the problems at SS when they try to push growth.

The play will be larger in future. There will be remote possibility of Tata Neu (entire e-retail) and Trent merging maybe in 10 years when Tata Neu turns breakeven or profitable. This scenario makes sense as it allows Tata Sons to increase shareholding percentage which is lower in Trent and bring entire retail play ex-titan into one company. Also provides exit to minority interests in Tata Neu.

Disclosure: Own it Via Family Account

Recently listed IREDA IPO making Flag and Pole pattern. Loan Book Growth is 30% and PAT grwoth is 50%. Financing Renewable Energy Projects were most of the private sector banks are not interested. Recently started Retail Segment for Roof Top Solar project.

If loan book and PAT grows at this rate due to requirement of investment in renewable energy sector. This can be an interesting story.

WIPRO
CMP: 462.65

Wipro stock peak at JAN 2022 and going down and stock Consolidation JUN 2022 to DEC 2023 (18 Month of consolidation ) and now Breakout in DEC 2023 on weekly closing basis

Almost 2 yr it wont perform and trend is changing as we see Stage 2 breakout happen with Last 4 to 5 week volume is increasing which clearly indicate institute player might enter that time

WIPRO is largecap IT company and Stable company

For coming Months WIPRO looks very interesting you need to watch and track this stocks

Disclosure: Invested & This post is not a Recommendation so before taking any action due diligence)

Hi. Can someone throw more light on why is the company management not trying to increase their own stake in the company? They seem to run a great business. Wouldn’t the management want to own more of it?

I wrote in detail about Arman on my blog especially highlighting how they seem to have a superpower when it comes to unsecured lending.