HDFC Bank Day 2023 (Buy Side) Investor presentation
Posts tagged Value Pickr
52 week highs and all time highs strategy (30-10-2023)
Update on ANUP Engineering: 1115-1840-2457
- Multiple patterns playing out on Weekly TF chart and follow up continues toward making new highs.
- After hitting Fibo 2.618 levels in july23, took a pause for a few months in a tight range.
- currently breaking out with big volumes post posting excellent Q results.
Safe to assume bullish bias ahead.
52 week highs and all time highs strategy (30-10-2023)
Update on ANUP Engineering: 1115-1840-2457
- Multiple patterns playing out on Weekly TF chart and follow up continues toward making new highs.
- After hitting Fibo 2.618 levels in july23, took a pause for a few months in a tight range.
- currently breaking out with big volumes post posting excellent Q results.
Safe to assume bullish bias ahead.
Butterfly Gandhimathi- from Ashes to Glory? (30-10-2023)
A proposed merger (amalgamation) between two companies, Butterfly Gandhimathi Appliances Limited and Crompton Greaves Consumer Electricals Limited did not work out.
Context:
The companies wanted to merge with the approval of their shareholders and creditors.
Outcome:
The majority of Butterfly’s equity shareholders, including the public shareholders, approved the merger. However, the majority of the public shareholders of Butterfly did not approve the merger.
As a result, according to SEBI regulations, the merger will not happen because it didn’t receive the necessary approval from Butterfly’s public shareholders.
Impact:
- Butterfly and Crompton will continue to operate as separate companies.
- They will focus on their respective strengths and continue working to grow their kitchen appliances businesses.
Tube Investments Ltd ~ Diversified Engineering Company (30-10-2023)
Tube Investments is planning to build a new precision steel tube manufacturing facility in Western India.
This facility will help them expand their capabilities and better serve their customers in different regions. The new facility is intended to produce various types of steel tube products, but the exact manufacturing capacity is not determined yet.
The estimated cost of this project is Rs. 211 Crores, and they plan to fund it mainly through their own earnings (internal accrual).
They anticipate completing this project during the fiscal year 2024-25.
RACL Geartech Limited (30-10-2023)
Thanks for sharing the balance notes -do you think realistically every year they are gong to do 60 cr capex ? in which case diluting stake may be better option thru QIP ,than taking debt
RACL Geartech Limited (30-10-2023)
Brilliant -very detailed post Rahul ,thanks for sharing 
RACL Geartech Limited (30-10-2023)
They could have done this before the visit, Safir Anand correctly pointed out managment yesterday on Twitter.
Amit Singh Learning page (30-10-2023)
Senco Gold Q2 FY24 update
lPO Funds Utilisation: The funds raised from IPO from primary portion (Net of IPO expenses) provided a boost to the working Capital of the company and support its future growth plans. We have used the funds for working capital purposes as stated in prospectus and would be submitting the requisite disclosures as per listing requirements soon.
Total Stores in India at 145. In Q2 FY24 one FOCO was converted to COCO in Jajpur district Odisha.
| Zone | Own | Franchisee | TotaI |
|---|---|---|---|
| East | 12 | 13 | 25 |
| West Bengal incl Kolkata | 14 | 48 | 62 |
| Kolkata | 23 | 0 | 23 |
| North | 20 | 1 | 21 |
| Cenkal (including MPCG) | 4 | 0 | 4 |
| West | 6 | 0 | 6 |
| South | 4 | 0 | 4 |
| Total | 83 | 62 | 145 |
- Consistent growth of 19% Revenue CAGR from FY20 onwards.
- Highest ever Q2 revenue with ~2% of gold coin sales.
- Q2 Sales growth of 26% YoY and 28% YoY in H1 was satisfactory in spite no festive season.
- Q2 SSSG (Same Store Sales Growth) was range bound it was 21% in Q1 but is ~17% in Q2.
- Gold Price in Q2 moved southwards about ~3% lower due to muted demand globally and in India. This helped in volume growth
- First virtual showroom ‘Sencoverse’ launched on the metaverse. ‘MySenco’ App download crossed 2.8 lakh users.