how they are calculating momentum score? . They have just mentioned score more than 9

Thank you Sir. #2 worked.

[quote=“PraveenKG, post:123, topic:8456, full:true”]
@nikhildoshi please throw some light on how you see seasonality in this business, especially Kurlon and sleepwell is catering mainly in opposite geography.[/quote]

I don’t remember when I said that. Can you please point that out? I will try to find the any specific context for that

Yes, I am adding Sheela foam regularly.

Sorry, not tracking symphony.

But, they have started big on commercial air coolers (used in marriage hall or large places) and they have good products. I bought 4 of those commercial coolers

I did some profit booking at 900-920 region; purely looking at the high PE.
and you are right, FSNL divestment should give a good exceptioanlly high dividend- it is attractive on that basis as of now.

I did a quick and limited forensic check –

CFO to EBIDTA is a decent 70 %
there is a YoY decrease in Debtor days, except for last two years
we will have to ignore the high cash yield as the other income has loan subsidies written back and reversal of bad debt provisions; all good here, nothing to worry
CWIP to Gross block also in good zone
depreciation rate is healthy and no variation in the same
ability to generate revenue has dramatically increased post lockdown, indicates good capital allocation (store opening) decisions
debt addition is on account of Lease Liabilities addition and they have zero long term debt
first time Promoter selling stakes has happened yet small, good sign that promoters are taking advantage of high valuations
Interest coverage ratio bumped finally over 1, in FY22, and improved a bit. Not a solid >3