Ramkrishna Forging weekly chart
The upmove has resumed after 8-9 weeks of consolidation
Posts tagged Value Pickr
52 week highs and all time highs strategy (30-11-2023)
RattanIndia Enterprises Limited (30-11-2023)
High transaction value observed this week in Rattan Power. Seems like something is brewing. Anyone has any insights?
Archean Chemical – Specialty Chemical Leader (30-11-2023)
I don’t think the war affected the bromine supply from Israel. Very limited operational issues arised which according to reports on FT seem to be in the past. An increased complication in the war could lead to Supply chain issues but for now it seems to be an non event.
Kesoram Industries Ltd (30-11-2023)
There seems to be quite a lot of noise around Orient Cements also being taken-over by Ultratech. Any views on that?
Buy Unlisted Shares (30-11-2023)
I bought NSE from Nuvama (Edelweiss). 25% upfront payment and balance after 2 months. But shares got credited 7 months after initial payment. Entire payment done to Nuvama.
This week bought Polymatech @732 (dont know if the price is right but PE is ~27). Shares got credited to account in 2 days post 100% payment.
NSE there was lot of formality to be completed as the deal was through Nuvama but some contracts were directly with NSE – so dont think there is any lock in period in this.
Six months lock in post listing in Polymatech.
Kesoram Industries Ltd (30-11-2023)
Company announced demerger of cement business into Ultratech
HBL POWER SYSTEMS: Booting-up for the Race of the Century (30-11-2023)
For any business to be done with government, tender is must. Tenders must be happening even today and price competition would be fierce. Entry of big players like Siemens can make things more competitive but I think there is enough place and opportunities for all the players given the size of rail network we have. Let’s see how does it play out.
Nithin’s Portfolio (30-11-2023)
- US fed has increased the rates 11 times in 2022-23. In my view, it does have a temp effect but it withers away soon.
- India is always in an election mode with general election every 5 years. Again it does have a temp effect and market recovers soon thereafter. Problem is if BJP doesn’t come back in power, this period will be longer. But chances of that happening is low in my view.
- Chinese economy crisis is helping our export oriented businesses, I am not sure how will this impact our market in very adverse sense.
- US Inflation is directly linked with fed rate hikes. Also, besides crude oil imports and businesses dependent on that, I am not sure how will this affect our stock market.
Buy Unlisted Shares (30-11-2023)
I won’t mind for more than that if the stock is good.
Long term investment strategy (Buy, hold but don’t forget) (30-11-2023)
I think two of the companies – Infy and LT in your examples grew tremendously during the periods you mentioned because of two bubbles we saw in recent times. Dot com bubble between 1995 and 2000 and real estate / infrastructure bubble of 2004-2007.
Once these bubbles bursted in late 1999/2000 for dot com and 2007 for real estate, which also led to many companies exited the market (Unitech, GTL limited, Visualsoft etc.), there was a lull period and negative sentiments for these sectors in general due to which even good companies like Infy and LT suffered for many years.