promoters are buying from open markets. Any news about it ?
Posts tagged Value Pickr
Force Motors – racing ahead! (06-10-2023)
Domestic sales in Sept 23 (2580) are in line with previous month(2601). Export sales have fallen from 675 to 493.
However, production figures are very impressive at 3438 as against 3032… which shows that company is anticipating good demand for the festive season… However there is substantial improvement in Monthly , Quarterly and Half Yearly figures during current FY as compared to previous FY.
Force Motors – racing ahead! (06-10-2023)
Sales in september 2023- 2973 vs 2628 last year
Sales in Q2 23- 9040 vs 7154 last year Q2
Quess Corp – Human Resources Company (06-10-2023)
Met Quess Corp during a recent investor conference.
KTA:
GS business should continue to grow strongly as demand stays robust ahead of festival season.
Specialised staffing biz depends completely on how & when IT bounces back, unfortunately no clear signs yet.
Foundit should breakeven this year at 50-60cr quarterly revenue. If that does not happen, fine with diluting stake in the biz.
US staffing is completely specialised staffing, have spent close to 1yr there and processed 6-7 ppl. Notes that the scale up seems to be slower than expected, Expect to breakeven by 4Q.
80JJAA – This issue is going to take years to resolve. after tribunal, either party will go to HC, then SC.
How a United Spirits insider probably got away with insider trading (06-10-2023)
In case of rajat gupta there were call records as evidence. Here there is none . If there were any call or documented evidence it does not matter if the beneficiary is a relative or friend or adam.
Also, even without the somewhat incomplete wording of the law(One can leak the info to friends as well ) , the coincidence is not legal evidence .Sebi could penalise but if the parties went to court Sebi would have to lose (as they do so many times and prove very little).
HealthCare Global – the value unlocking story (06-10-2023)
There is a news CVC capital looking for an exit. Did anyone analyze if that would be good or bad for the company?
Source – Healthcare Global soars 5% on reports of CVC Capital looking to sell controlling stake
HDFC Asset Management Company (06-10-2023)
In spite of the AUM growing the revenue of the AMCs have stagnated. The increase in AUM is not trickling into the bottom line. All of the AMCs have great ROEs. This is attracting huge investments, leading to patient money back newcomers. To top it, we have a regulator who has taken a tough stance on the expense ratio. The influx of all the new players will keep a tight lid on the margins and growth of the incumbents. Which is eerily reminiscent of the classic capital cycle that has played out in all industries. The industry as a whole will grow, the end customers will benefit the companies will fight to protect their market share and hence the shareholders of the companies will make little.
Oberoi Realty-A simple real estate story (06-10-2023)
Chairman and MD of Oberoi Realty Ltd…
Va Tech Wabag (06-10-2023)
I have posted it here
Brookfield India Real Estate Trust (BIRET) – Institutionally managed REIT (06-10-2023)
Moneylife calls this correction as an investment opportunity. Behind paywall.
Any thoughts?