ENVIRO INFRA ENGINEERS
Enviro Infra comes from one of the mega trend themes currently being explored – water and water treatment. Here is why: India ranks among the most water-stressed countries globally, with approximately 600 million people experiencing high water stress. Per capita water availability is around 1486 cubic meters (m3), against globally recognised threshold water stress of […]
Sportking India: A Value Buy
Sportking India Limited (Sportking), a leading yarn manufacturer, has delivered robust financial performance, efficient operations, and consistent growth. The company trades at a significant discount to peers with a P/E ratio of 12.3x compared to Ind PE of 18.75 and EV/EBITDA of 6x. Its expanding margins, debt reduction efforts, and strategic initiatives such as moving up the value chain […]
Should You Invest In Chennai Petro Corporation Limited?
Chennai Petroleum Corporation Limited (Chennai Petro), a subsidiary of Indian Oil Corporation, is a key player in India’s downstream oil and gas sector, primarily engaged in refining crude oil and manufacturing petroleum products. Given the evolving energy landscape, increasing domestic demand, and CPCL’s focus on sustainability, the company’s Price-to-Earnings (PE) ratio stands at 12.5 times, […]
China Market Rebound: Opportunity or Risk for Investors?
Over the past week, the Hang Seng Index and the CSI 300 Index of china have experienced a dramatic reversal, transforming significant one-year declines into robust gains within days. Market sentiment has shifted decisively from a stance of “Anything But China” to “All In, Buy China.” Hang Seng Index Overview As of October 7, 2024, […]
Credit Rating Industry in India A Sunset Sector?
Credit rating business has fantastic economics. They enjoy superior operating margins in ~30% consistent, solid return ratios i.e Return on equity of about 30%. The business requires no debt. The only expense on their books is qualified personnel. FINANCIAL STATEMENT ANALYSIS (Rs in Cr) CRISIL Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 TTM Sales 1,732 1,982 2,301 […]
WHAT ARE INVITS AND SHOULD YOU INVEST IN THEM
Had you invested in the IPO of INVITS, How much return would you have earned? INVIT FUND IPO Date Issue Price Cumulative Distribution Price as of (31-03-2024) Annualized return IRB INVIT FUND May-17 100 66.4 68 4.30% INDIGRID May-17 100 87.4 133 15% POWER GRID INVIT TRUST May-21 100 34.5 93 9% WHAT ARE […]
India’s Top Monopoly and Near-Monopoly Businesses
You may have heard enough about buying monopoly businesses or businesses with a strong economic moat which can not be replaced. The article below presents examples of some such monopoly businesses in India. Company Name Market Share Description Coal India 82% market share in coal production Indian Energy Exchange Ltd Controlling over 98% of electricity […]
Which Housing Finance Company To Invest In?
Share of Housing Finance market – Here’s a list of players by the quantum of home loans. Housing Finance companies LOAN OUTSTANDING/AUM As of Mar-24 Rs in Cr PE Market Cap Market Share HDFC BANK ₹ 7,72,786.00 18.96 ₹ 12,92,266.29 22.208% SBI ₹ 7,25,818.00 9.71 ₹ 7,07,141.61 20.858% ICICI BANK ₹ 2,96,940.75 19.51 ₹ 9,08,025.54 […]
TITAN BIOTECH – Stock Analysis
Price: Rs 584 (Recommended on 16th August 2024) Target Rs 1500 – 48 months Titan Biotech Ltd. offers a compelling investment opportunity in the niche biotechnology sector, producing products essential for industries experiencing strong growth, such as agriculture, diagnostics, animal nutrition, and human nutraceuticals. The Indian Biotechnology Market, valued at USD 101.5 billion in 2024, […]
Tata Motors – Stock Analysis
Tata Motors is undergoing a significant restructuring to unlock shareholder’s value- The Company announced plans to demerge its commercial vehicle (CV) and passenger vehicle (PV) businesses into separate listed entities, with an expected completion timeline of 12-15 months. Tata Motors announced a value-unlocking exercise to demerge its Passenger and Commercial Vehicles segments into two separate […]