Tanla Platform a product company nearly 15x to the size of IZMO has just 3x accumulated depreciation comparatively to the later one over the last 10 years. I am not sure about the inside accountings of IZMO. I think that a lot of euphoria is built around Frog data. I don’t know much just a guess work!
Posts tagged Value Pickr
SmallCap Hunter : Trying to find the dark horses with triggers (01-06-2024)
I have noted all this point. Every business has dark sight. But it seems that there might be some turn around in the business. At 2013 - 15 company used to do a job work. But Now they have started building their own brand in the market it seems from the joint venture. You should keep a look on management guidance, if they met their guidence it’s going to be awesome. We have to keep a look in the company for this full financial year to see management is achieving their guidence or not.
Hariom Pipes Ltd: A Capex Play! (01-06-2024)
There has been changed in promoter holding in March quarter.
Reduction of almost 3%.
Anyone familiar whether it was an open market sale?
IDFC First Bank Limited (01-06-2024)
Growing its book value by equity raise every yr. In spite of high loan growth and low credit cost…
If you double your investment in ~10% ROE business, your earnings double, but it is still not a great investment from the perspective of a shareholder
Nuvama Wealth Management: Proxy to Affluent India (01-06-2024)
I dont think it’s in stage 3. It looks like stage 2 is still intact with a routine correction.
check out the weekly and daily charts. The trend line I have drawn are intact and haven’t been broken yet
Moreover, the fundamentals and the guidance look bullish and I dont think there is much to worry about.
A concern could be that margins might suppressed due to faster increase of staff costs in the coming quarter.I personally think that should lead to some consolidation at best but lets see its just a guess.
Technical analysis fails when we try to be precise. If my trend line is at 100 and it goes to 99 that does not mean it’s a bearish trend now. It is best when used to understand the general trend of the theme or stock and atm Nuvama seems to be in the same trend.
Bharat Rasayan Ltd (01-06-2024)
Nissan projects a healthy outlook for F24 from the new products. Augurs well for the Nissan Bharat Rasayan JV
Link: https://www.nissanchem.co.jp/eng/ir_info/library/pdf/AM/am2024_03.pdf