Sanwaria Consumer Ltd: This one, once again, is getting the attention. In the past (2010-11) also, it grabbed huge interest and run up from 8 to some 60-70 but only to witness a sharp fall to Rs. 10, then to 4 and then to 2 last year. Now it is at 30 again and I am getting regular queries on this one as most of people want to invest big in this citing it being the next big story in Indian FMCG. I don’t track this company but I am always having the doubts on this one. So I am…

I am getting queries regarding the future growth prospectus of MCX in the back drop of falling business and the fear of competition from the likes of NSE and BSE in the commodity exchange business after SEBI has approved the uniform exchange concept in India. Today MCX has given muted set of numbers with top-line declined to 61 cr from 69 cr and PBT at 26 cr from 46 cr. However if we remove the impact of higher other income from last year’s results then PBT will be at 11 cr vs 14 cr last year and it starts to…

I am continuously getting messages for advising some stocks for investment at present. I have compiled a list although stock picks depend upon the risk profile of the investors still i have tried to be on the safer side. As market is at high valuations so I have tried to pick mostly those stocks which have not performed so far. Most of these companies are nearing big growth catalyst or some transformational event so their non-performance is going to end soon. I have categorised these stocks on the basis of riskiness and quality. High rating is for the best quality…

There are talks that government may introduce tax on LTCG (long term capital gain on holding the stocks for more than a year) earned in stock markets in the coming budget which earlier were exempted. Government most of the times is an institution/system whose sole motive is to collect taxes, whose sole expertise is to waste the resources thus collected/generated because their sole purpose is to stay in power. Taxability of LTCG, if really planned, is another example of this. Raising tax rate and taxing everything is never the best economic tool to create wealth and growth. High tax rate,…

Information is precious and revolutionary. Mankind witnessed the magical transformation from just being humanoids to current state because they could transfer the precious information about this world and its behavior to others and some among us could use that information for collective development. Our knowledge about the world helped us in better understanding of ourselves and of course the grand schema of the life. We might have discovered much about our world and life but still the biggest mystery of our development timeline is that we have not solved any mystery at all- whatever we have discovered was already there…

After the recent post on Praj Industries (Click here for the post) I am getting repeated queries on the Indian Ethanol and sugar sector. I generally avoid commodity stocks like steel, sugar etc. But my interest in sugar sector was mainly due to the hunt for a player who can establish first Indian premium sugar brand. EID parry was a step in this direction ( Click here for the first part) and (here for 2nd part on EID). EID was earlier advised around 160 and then at 300, CMP is 370 and i have done buying recently around 300. I…

Praj Industries was advised earlier around 80 ( Click here for earlier study) and I was following it regularly looking for something concrete in its ethanol or other emerging businesses like Hi-purity water, waste water treatment and brewery plants. I have already written about its ambitious plans for 2nd generation biofuel plants and this is the area which I have always felt can create huge value for Praj if it can develop the technology to create ethanol from agro residue like rice husk, wheat straw, corn straw, cotton straw, Bamboo etc. A lot of activity is happening in 2nd generation…

In my previous posts on Quick Heal (For Earlier posts, Click here and here) I was expecting it to make a recovery in its business after recent headwinds in the economy….and it has delivered Quick. Quick heal has given good set of numbers in Sep-17 quarter results. I just want to highlight some of the glaring factors: 1. Topline is flat at 105 vs 106 cr. But it is commendable keeping in view the recent headwinds in the economy due to GST/Demoney, Quick heal revamping its distribution channels, strong competitions as competitors have also upped the ante for marketing and…

Gateway Distriparks (GDPL): This is one of the best plays on the growth of CFS and railway freight. 2nd largest player in railway freight after Concor (Although 2nd place with wide margin as Concor has some 70% share), one of the biggest player in Container fright stations with annual capacity to handle 624,000 TEU. It is also one of the biggest in ICD (Inland container depot), most importantly its ICD’s are located in North-west corridors covering Delhi/Haryana/Gujarat which is the busiest route in India. ITS ICD’s are located near Gurgaon, Faridabad, Ludhiana, Mumbai, and Ahmedabad. It owned the lands of…

Venky’s India has given us great returns so far. It is now trading at 2370; up 12 times from our entry price of around 200 (Click here for earlier Study). But I think it still has quite a way to cover and there is no reason for us to make an exit from the stock. I am still holding it tight. Now coming to this quarter’s results-it has given a stunning performance. Its turnover is at 588 cr vs 596 cr last year. However its Profit before Tax is at 43 cr vs 1 cr and net profit is at…