My guess is it’s a quota of 50000 pumps which state govt will provide subsidy for and valid for two years.
Posts tagged Value Pickr
Deepak Fertilizers and Petrochemicals (19-10-2023)
What is the record date for demerger. I read somewhere that 1.1.22 was the record date. Would it mean , whoever is buying now won’t get the demerged share
India Maritime Summit Beneficiaries (19-10-2023)
Hi, I need the VP communities help in understanding more about the the projects under India Maritime Summit.
Let us keep this thread to discuss and summarize the potential beneficiaries of the initiative.
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MOU’s were signed for Green Hydrogen, Ammonia, Port development and Modernization
Larsen and Turbo, HPCL, IOCL, Mangalore Refinery and Petrochem -
Scheme is also going to promote Cargo handling.
JSW Infra, Gujarat Pipavav Port
Details on MOU’s signed should be available soon, for 2021 it was published here
Sources:
Companies with 20%+ growth guidance for next few years (19-10-2023)
Look at Praveg Ltd
It is in hospitality business.
Praveg establishes luxury tent resorts in popular location on Govt. leased land.
The company currently has 1 permanent resort in Statue of Unity area. 2 in Kutch and Varanasi. Recently they are establishing new resorts in Daman, Deu, Ayodhya, Maharashtra… Total 17 resorts are coming till 2024 and Praveg aims to make 50+ resorts till FY26.
Very high RoCE (40%+) business. Plus the tourism sector is a very high growth sector.
Must read and listen to the last concall.
Disclosure: I am invested.
Ranvir’s Portfolio (19-10-2023)
ITC Q2 highlights –
Gross sales up 9 pc
PAT at 4927 cr, up 10 pc
FMCG sales ( excluding cigarettes ) – grew 8.3 pc on a high base @ 5292 cr. EBITDA margins in FMCG at 11 pc, up 150 bps YoY. Sales growth led by – Aatta, Agarbatti, Spices, Personal Wash, Classmate – notebooks+pens
Categories like biscuits, noodles, snacks, popular soaps witnessed heightened competition
Aashirvard brand augmented with Aashirvad branded – Organic Dals, Besan, Gluten Free Aatta, Vermicelli etc
Sunfeast brand’s – Dark fantasy, Mom’s Magic continue to gain mkt share
Spices – new launches under Sunrise brand – Swad Bihar ka, Chicken masala, Meat masala, Rajshahi garam masala
Aashirvad Svasti – dairy brand continues to gain Mkt share
Fiama, Nimyle – gained mkt share
Cigarettes – revenues grew 8 pc ( @ 7658 cr ), EBIT grew 8 pc
Hotels – sales up 21 pc ( @ 650 cr )
Hotels EBIT up 50 pc, margins at 31 pc, up 170 bps
Added 3 new properties at Kasauli, Amritsar, Hoshiarpur under Welcome and Fortune brands. To add managed properties in the next few months in a phased manner
Agri business – sales up 26 pc @ 3931 cr ( excluding rice and wheat exports )
Agri EBIT up 3.3 pc ( due various export restrictions imposed by GoI )
Got approval for export of Pharma grade Nicotine to US and EU Mkts
Paperboards and Packaging – revenues declined 10 pc ( @ 2070 cr ) due intense Chinese competition. EBIT down 49 pc. Down cycle likely to have bottomed out, likely to see improvements going forward
Disc : holding, biased, not SEBI registered
Sahil’s Portfolio (19-10-2023)
From Page 24 of Form 20-F: Risks Related to Our Operations in Israel
“Political, economic and military instability in Israel may impede our ability to operate and harm our financial results. Our principal executive offices and research and development facilities as well as our thirdparty manufacturers are located in Israel. In addition, all of our subcontractors are located in Israel.”
“Our commercial insurance may leave us subject to a risk of a loss if a terrorist attack or act of war occurs.
Our insurance does not cover losses that may occur as a result of an event associated with the security situation in the Middle East or for any resulting disruption in our operations. Although the Israeli government has in the past covered the reinstatement value of direct damages that were caused by terrorist attacks or acts of war, we cannot be assured that this government coverage will be maintained or, if maintained, will be sufficient to compensate us fully for damages incurred and the government may cease providing such coverage or the coverage might not suffice to cover potential damages. Any losses or damages incurred by us could have a material adverse effect on our business. Any armed conflicts or political instability in the region would likely negatively affect business conditions generally and could harm our results of operations.”
52 week highs and all time highs strategy (19-10-2023)
Usha Martin cmp 314. Small head and shoulders bearish breakdown.
Some observations:
- Close to weekly medium term trendline support
- 30 WEMA is at around 290.
- Target of weekly line chart H&S breakdown at 295.
Question is will be see pattern play out, or a pattern failure and a rally? All options open as of now.
disc: invested. ( not a recommendation, discussed for academic purpose for technical analysis)
52 week highs and all time highs strategy (19-10-2023)
WABAG UPDATE:
-Daily chart Pattern Learning: From 30th May23 to 11th Sep23, a Bearish H&S pattern formed, which gets broken on lowering vols.
- Following which price falls while forming a +ve RSI divergence.
-Price tightening and Vol contraction lead to a big Reversal Candle with High vols.
52 week highs and all time highs strategy (19-10-2023)
Hi @hitesh2710 bhai, There is a rounding bottom formation in Zensar technology. Can you confirm the same? It might become cup & handle too.
South Indian Bank (19-10-2023)
(post deleted by author)