They’ve given out dividends of 183% so far. Reserves stand at 17 cr against capital of 12. Though there’s no benchmark for cash reserves, the basic thumb rule for IT companies is to have a strong reserve.

Thank you for the response on this thread, I think my hypothesis that such an idea would be relevant to a lot of investors has been validated by the response. The crucial thing for me now is to keep up with the discipline.

The basic process remains the same as above.

Date: 1st December, 2023

Link: https://www.nseindia.com/report-detail/display-bulk-and-block-deals

I know the obvious name you would be looking for here is Brand Concepts, where Ashish Kacholia sir has entered. But I’m not discussing it, because I’ve found that several investors I’ve gotten to know through twitter or otherwise had discovered the story quite early and also on just a strict criteria basis, more selling took place in bulk deals than the buying which gives me another reason to skip talking about Brand Concepts.

1. Cantabil Retail

Authum Investment and Infra has made very good investments in the past, along with them PC Kothari seems to have invested in the company which is indeed very interesting to me. The sales growth for the past few quarters has been very impressive and with this it is trading at only 28.5 times earnings which is very interesting. The margins have also moved up in the last few years. This is definitely an interesting business to study.

2. Narmada Agrobase

Although I’m not sure of the credibility of the investor in question here, Trishul Chauhan seems to have entered in a large way in the stock. The long term stock chart for the stock seems to be climbing back after being down for a long time. The sales performance on a year by year basis seems to be taking a huge upside this year. I would be interested in studying this stock, with the caveat that this could be cyclical.

3. SecUR Credentials

I’m also writing about this stock here because apart from a large entry by two investors, it seems to be a very interesting idea. It is a credentials verification company which essentially eases the HR function of companies. Their sales are down this quarter, which comes as no surprise to me, because the professional service industry is doing poorly. But is this a bottom play by the investors? Because I think there will be a few more quarters where the problem will persist.

4. Sumit Woods

Very interesting concept again here, but more importantly, the stock seems to have run up a lot so investors need to be careful. But real estate is making a comeback and this is a very different kind of developer. So do check it out.

One way I’m looking to improve this thread is by incorporating BSE only bulk deals too. Let me know your thoughts on the thread, any of these companies or your suggestions like always.

Just curious to know…Your screen name is Nifty investor…Does it mean you invest in nifty index or stocks of nifty universe?

Expansion of Indian naval fleet will result in lot of orders for fresh procurement as well as AMC for Avantel.
The policy is very clear that we are only going for Indian make in all defence procurements.