While the profit percentage relative to the invested capital may appear modest, it's important to note that the position size constituted approximately 5% of the net capital. Therefore, in terms of the overall capital, the profit is significant. A larger position size was allocated due to the nature of this being a commodity ETF, utilized as a hedge to safeguard...
On December 20th, 2023, I made an analysis in which I expressed my view that the price was going to rally from the price levels back then. As of today, the price has moved by about 10%, just as I expected. I monetized on this move by taking a position in SILVERBEES. As of now, the price is hanging around key inflection levels. There is a high probability for the...
Fundamental Analysis: Axis Bank, a prominent player in the Indian banking sector, is currently showing promising signs in terms of price and earnings forecasts according to analysts. However, revenue forecasts are not as attractive. Despite this, the financial health of the bank instills confidence among investors. One notable aspect is the distribution of...
After a period of careful consideration and analysis, I have decided to close my position in HPQ. When I initially entered the trade, my decision was primarily influenced by technical analysis, with the price appearing attractive within the lower end of a parallel channel formed then. Furthermore, HPQ's healthy cash flow and share buyback activities, combined...
Fundamentals Pros: Solid Financial Performance: Starbucks boasts a market cap of $105 billion and an enterprise value of $140 billion, supported by a net income of $4.1 billion in 2022 and free cash flow of $3.2 billion. These figures highlight the company's profitability and cash-generating capabilities. Strong Growth Potential: With revenue more than...
SHREECEM has exhibited robust performance in the third quarter of FY24, bolstered by favorable market conditions despite ongoing fluctuations. Shareholding Pattern: Promoters maintain a significant stake of 62.55% as of December 2023. Institutional investors, including FIIs, DIIs, and Mutual Funds, collectively hold approximately 24.86% of shares, with no...
Yesterday, heavy trading volume was observed in the scrip, with approximately 18.01 lakh shares changing hands on the BSE. However, aside from this activity, there were no significant news or updates related to the sector or the stock. Neither the fundamentals, analysts' expectations, nor the shareholding pattern instilled enough confidence to justify holding onto...
Fundamentals Overview: Tata Chemicals, a venerable Indian chemical company, is strategically positioned in both basic and specialty chemical segments, with soda ash being its flagship product. The recent price cut in soda ash, attributed to market dynamics in China and anticipated capacity addition, highlights the challenges and opportunities in the sector....
I increased the existing holding by 0.625%, bringing the total holding to approximately 1.875%. An additional 0.625% remains to be added to reach the maximum allocation level of 2.5% in this stock. I will consider adding this if the price reaches the low of the descending channel formation. Feel free to follow me for updates on my positions and market insights....
Although I initially entered with a single position comprising about 2.5% of the net capital, I had to book it in two separate levels. I closed half of the position at around breakeven levels and the remaining half for a profit of about 22.47% of the remaining invested capital. The looming recession worries and the potential global slowdown of economies don't give...
Closed the position for a profit of about 1.79% on the invested capital. However, I consider this trade only as a breakeven trade. I took the initial entry when it was technically undervalued. However, later, the market shifted into bear mode and the pattern evolved. I added to the position, increasing the total holding to about 2.5% of the net capital, my...
Based on data from December 2023, Foreign Institutional Investors (FIIs) hold 39.74%, Domestic Institutional Investors (DIIs) have 10.50%, and Mutual Funds maintain a 10.91% stake in the stock. Additionally, Promoters retain approximately 25.91% ownership. This significant interest from strong market players suggests a robust position for the stock. Although...
I added another 1.25% of the net capital to the stock, bringing the total position size to 2.5% of the net capital. Based on the current average price levels, there is a potential move of about 24% to the target levels. I won't consider adding further to the position unless the capital itself increases, as this is the maximum I'll invest in a stock according to my...
Fundamentals Pros: Strong Growth Metrics: JD.com has demonstrated impressive growth in sales, earnings, and free cash flows over the past five years, indicating a robust and expanding business. Positive Trend in Returns on Capital: Despite only meeting the average returns on capital metric 44% of the time, JD.com has shown a positive trend in this aspect...
The overall market appears to be overvalued from a technical standpoint, suggesting a high probability of a sell-off across the market. Upon reviewing previous price action, it's evident that the market hasn't rallied significantly after consolidating pattern formations, similar to the one we're experiencing presently. Although I anticipate a 9.74% move from...
This is a small-cap microfinance company, recently listed in the market. The company manages assets totaling 10,800 crore INR and serves 32 million customers across 18 states and union territories. Muthoot Microfin distinguishes itself with its tech-driven approach, boasting in-house loan management systems, loan origination systems, and a customer app for digital...
I closed the position and secured profits as soon as the price hit the target levels. Although waiting for a precise exit at the upper trendline was an option, I chose not to take that risk due to the possibility of a market correction, considering the overall market is technically over-valued. I'll monitor for a re-entry opportunity if the price drops back to...
According to analysts' expectations, the price, revenue, and earnings forecasts appear attractive, with promising consolidated financial statements. In terms of shareholding patterns, mutual funds and DIIs have steadily increased their stakes in the company over the past few quarters. However, FIIs' shareholding pattern shows mixed sentiment without a clear trend,...