Sir, Could you please provide your views on Hindustan zinc chart. Highly appreciate if you can share your recent additions to the Portfolio as well.
Posts tagged Value Pickr
IRB INVIT TRUST- new game in the town! (30-09-2024)
As per management commentry in last investor call, they have guided Rs 2/Unit/Quarter. However, this can not be taken as granted as it depends on toll income generated from assets. The current downward price movement indicates likely miss by @10 Paisa in current quarter. The downward price movement is also due to inability of management to secure / add good income generating assets.
Investment journey of a late starter (30-09-2024)
Another quarter has gone and the portfolio is only 7.5% up from June end but probably past 12 months have raised my expectations to a very high plane . However, considering I kept about 10% of portfolio or more , in the sidelines ,and I have mostly small caps ,it’s probably fine. Bought and sold too much and too many times as well , so no point in naming dozens of companies here. However, PGEL has given 2.5x plus returns in 4 months …so booked most of it since I never had deep conviction in it . Booked 40% of Amara Raja to make the rest free of cost , but thinking of booking it once it crosses the 365 days holding period…as I am not to sure of its short and medium term prospects price wise because the EV story is stuttering. Sold of Sona BLW as well at some profit because of same reason .Sudden spikes gave good profits in Sharda motors(40%), Globus spirits and POCL (64%)too .
Sold off Danlaw industries after the bad results as there is too little of info available to keep track and better bets are available.Added Samhi, macpower,EFCIL,AXISCADES, Apollo Microsystems , SG mart etc. in “high risk high reward” section of the portfolio . Bought back Garware high tech films at a 50% higher price from my last selling point (still can be profitable investment), Praj etc.
To balance the risky bets , added some stocks that I consider as good value as of now …let’s see how the next quarter goes .
I do not feel there is much reason to run away and stay at sidelines just now but taking positions based on sector rotation and tailwinds/ headwinds is better idea .
Amara Raja Energy & Mobility Limited: Powering Ahead (30-09-2024)
Weekly Technical chart –
After hitting all the previous targets with huge volumes, formed a flag and pole pattern. Likely to hit 2200-2500 price very soon.
Right after touching 30 EMA last week, hammer candlestick on weekly closing was formed along with RSI also hitting 50. Today’s price closed on positive (2.4%) with good volume.
The reversal has probably started from here on.
Disc – invested and biased
IRB INVIT TRUST- new game in the town! (30-09-2024)
How much is the dividend per share for this INVIT?
Kovai Medical Center and Hospital – Health and Wealth (30-09-2024)
what kind of notice is this with Rs. 2.72 lakhs as actual taxes due and Rs. 43.53 crore as PENALTY!!
Samhi Hotels – Turnaround with Tailwinds (30-09-2024)
as stated by other user of this platforms in other threads too, it would be more beneficial, if you can maintain the same in google sheet and share it with us
NPST – Technology Provider for UPI Tech (30-09-2024)
As of last Q it’s 20% from TSP and 80% from evok.
Evok was launched in late 2022. So it’s not even 2 years and this is the contribution. It’s doesn’t take P.HD level math to understand that the near/medium prospects of company are tied to evok/cosmos angle.
They may say whatever on the number of products in pipeline and ready for launch But market may lookout for the prospects of evok ?
Evok topline was linked to transaction value/volume and hence it was easier to show super growth. TSP topline isn’t linked to transaction volume but to number of clients. So the growth was dwarfed by evok. iMHO the million dollar question is, which of future products can have characteristics similar to evok in terms of growth possibility.
DELHIVERY – One stop solution for shipping and parcel delivery (30-09-2024)
Delhivery saw close to 20% increase in the Mutual fund holding in the month of August as seen below
Additionally there were 17 fresh Schemes entries in the month of August, out of which 15 were non index or passive funds.
This shows there is a huge buying interest building up in Delhivery.
Source: Stocks held by Mutual Funds | Delhivery Ltd | RupeeVest
Kitex Garments Limited (30-09-2024)
Here is my notes on Kitex Garment. I am investor in the script since @ 4 years.
KITEX GARMENTS
No investor concall, YoY poor performance but last three QoQ OPM improving, Telangana plant commissioning to be watched. Another Telangana plant construction started, price discounting the same news. Good time to add between 170 to 180. However, US market demand is key for demand. Not under the radar of brokerages and MF. @ 1% FII holding. Current garment capacity 4.32L Pieces, after Kakatiya and Sitarampur addition (Next two years) production capacity will increase by 18L pieces. Thus total capacity will be 22.24 Lakhs pieces.
NO CHANGE IN PRICE AFTER 5 STATE ELECTION RESULT OF 12/23. @ 208. MARKET REACTED POSITIVELY BY 250 + NIFTY. BRS LOST POWER AND CONGRESS WILL BE FORMING GOVERNMENT. PRICE STARTED UPWARD TREJECTORY AFTER FORMATION OF CONGRESS GOVERMENT AND BETTER USA DATA NO FURTHER RISE IN INTRESET RATE FOR NEXT FEW QUATORS. (16.12.23 – 235)
6/8/24 update
Price up by 17% on account of Bangladesh disturbance which can trigger market demand for Kitex.
August 06, 2024 at 03:34 PM.
Sabu M.Jacob, Managing Director, Kitex Garment told businessline that 80 per cent of the US garment buyers have already shifted from China and this will be 100 per cent by 2025. The emerging situation augurs well for the Indian garment sector, but the need of the hour is to offer more productivity to meet overseas buyers’ requirements.
Kitex Garments hopes to gain from relocation of MNC retail brands from China
Bangladesh unrest a bonus boost to Indian garment industry as buyers there would look for options
Kitex Garments upcoming manufacturing facility in Telangana can offer a viable alternative. The first phase of the ₹3500 crore facilities will be ready by the year end and the second phase by December next year. This will enable the company to increase its production capacity to three times from 7 lakh pieces per day to 29 lakhs pieces per day, he said.
Q1/25 Result update
- Excellent results, price reacted by +19.8% – 286
- Growth primarily due to strong demand from existing customer
KEEP TRACK OF DEMAND AND NEW PLANT COMMISSION
19/08/24 Press release
Speaking to media about the emerging global apparel market scenario, Mr. Sabu M Jacob, Chairman & Managing Director of Kitex Garments Ltd, stated that;
The company’s capacity utilization is currently at its peak and the factory order position is fully booked up to June 2025. With the surge in demand and favorable global market conditions, Company expects to achieve its all-time high record over the last three decades in terms of turnover and profits.
SUMMARY OF PROCEEDINGS OF 32ND ANNUAL GENERAL MEETING – 30/9/24 AGM Presentation
Kitex Garments has achieved consistent growth over the years and is on track to achieve an all time high Turnover of INR 1,000 Crores in 2024-25
Kitex Apparel Parks Limited Warangal and Hyderabad Highlights
Total Capacity 10.68Lakh Pieces per day
Revenue – INR 5000 crores at full production
Changes in share holding pattern – Q on Q / Year before
• Promoters holdings – 56.66-56.66/56.66
• Promotors pledge – 0-0/0
• Promotors holding @10 years back – 54.25
• FII – 0.68-0.97/0.82
• DII & MF – 0-0/0
• Public – 42.52-42.38/42.67
• Big investor – Usha C P (not reputed)