Hi Raj,
Gyaneshwar is a part of promoter group..it doesn’t come across that way directly :-). Gyaneshwar is indirectly linked to promoters. Search for potentially related companies through tofler. Follow this chain – Lactose India – Omega Colors Pvt Ltd – Cellseed Enterprises Pvt Ltd – Gyaneshwar Multi trade Pvt Ltd.
Hope this helps.
Thanks
If they do eps of 25 this year and considering limited cash flow req due to completed capex and assuming 30% payout should not dividend be about 8 Rs ? Which means the interim dividend of Rs.1.2 is on the lower end (if we take it as about 50% of final dividend it must have been about Rs.4 ) ? Kindly share perspectives on this aspect .
Vaibhav – where can i see the numbers?
Inventory changes has a total of 37 cr. It does confirm that significant % of revenues could not be realized either due to client request as confirmed by management or due to internal delays. If one factors this in the financials, the numbers including revenues will be a significant jump. All indications for a better Q3 and H2.
Disc : I am holding and have vested interest on this stock
I like talking about my mistake which every investor should know – a)taking huge leverage b) taking futures position using leveraged money in addition to cash position c) investing very high portion in a stock d) not having sl even when business did not perform holding on using hope e)talking to mgmt – they almost always confuse you giving you this false importance making you hold foolishly f)holding on to hope for a long lone time
Everyone – please do not repeat my mistakes – i have come out of it but it was a costly lesson well learnt.
Hi Everyone,
This is my first post in the forum. I have been investing in stocks for quite some time, but based on some basic analysis and few blogs / recommendations.
I am writing this blog to get views on Insecticides India.
I see that there have been quite a few recommendations on PI industries. From the same industry we have Insecticides India. If we look at the numbers, insecticides is –
1) Insecticides is at PE of 13 while other top companies are at 50
2) Insecticides is at 1 times sales while others are at 4 or 5 times sale.
3) Profit of Insecticides has been decent from year on year basis.
4) OPM is around 12% ( not very high but still looks decent)
5) Promoter shareholding is decent at 68% ( though it has come down in last quarter). but it’s pretty high compared to few others. And DII / FII holding has increased. ( Not sure if some of promoter holding has been reclassified as DII in last quarter).
So here are few of the questions that I have on why insecticides is valued lower than others –
1) Is growth not enough or projections are lower?
2) Any concerns on Promoters?
3) Are products just not good enough?
Appreciate any feedback on my post.
Disc – Invested in Insecticides.
Thanks,
Anurag
Tomorrow as per the MD (spoke with him today)
Torrent is gaining significant market share in Detrol. According to bloomberg data, market share of torrent in detrol has reached 7% for the week ending Oct 10.
Torrent has maintained 10% market share in Abilify. Alembic has lost market share after entry of Apotex. alembic mkt share now stands at 4%.
The market was fretting about weak domestic agri sales but as per mgmt. CSM revenue have been weak or postponed to H2. I have felt that they have certain level of discretion in recognizing CSM revenue. Overall a good show expected in H2.
Can anybody share when the Q2 results are out ??