My Avg price in MM is 1600ish. Bought as a long-term investment with return expectations pinned on the growing alcohol consumption, Normalization in society, brand value. Also, I bought it in a bearable valuation which was not happening with other mainstream stocks.
Posts tagged Value Pickr
PNGS Gargi Fashion Jewellery Limited (07-07-2024)
PNGS Gargi has intimated the exchanges that they are raising funds through preferential allotment for which the meeting of board of directors is convened on 10 th July 2024 . I think this news might be the reason why the stock has zoomed in the last one week or 10 days
HDFC Life Insurance Company (07-07-2024)
I think the cross-selling of products can happen and it’s likely that the management is also aware of upcoming changes and would prepare accordingly. Still, nothing can be said until the bill gets approved and if there will be any final changes. Currently, you can notice that most of the life insurance stocks are in the uptrend and the chart patterns show a similar trend across the industries. There are also some which have given a break out last week.
Emami – FMCG Available at Low Valuation (07-07-2024)
Finally, mean reversion in valuation from multi-year lows.
At 725, it is nearly 2x from the lows.
Kalpesh’s Portfolio (07-07-2024)
Thesis for IRM was simple Fast growth and valuations,
but governance issues appearing and margins may not go to previous levels that’s the reason I’m willing to sell.
Kalpesh’s Portfolio (07-07-2024)
ya it’s due to equity dilution.
where did you find about Kapil Mahesh Kumar Jhaveri? I’m not aware about that.
SmallCap Hunter : Trying to find the dark horses with triggers (07-07-2024)
Why Cadsys India is hitting back to back lower circuits. Now available at 203 rs price. Any thoughts on this stock would be highly appreciated.