Jaitra Posted May 4, 2023 Author Share Posted May 4, 2023 1 hour ago, NBK NTR said: what about LIC stock...It has corrected 40% from IPO price. Can we expect LIC stock to reach its IPO price within 5 years or wait for 15 years like LIC policy. Lic ki bad anti antayy,government can tell them where to put funds,like how Modi made them buy Adani shares.....so i don't see Lic doing well,unless it buys its own stocks and jacks up the price. NBK NTR 1 Link to comment Share on other sites More sharing options...
roger7 Posted May 4, 2023 Share Posted May 4, 2023 Govt. instructing them to buy shares of their choice will not happen regularly... Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 sizeable correction ahead in market, to the extent of 300points.. on Nifty Link to comment Share on other sites More sharing options...
Jaitra Posted May 5, 2023 Author Share Posted May 5, 2023 Indigo Paints is a small player in paints segment but consistenly performing very well....I am not comparing it to Asian Paints which is a mammoth....But Asian paints was also a small player earlier which got to this stage now...So Indigo Paints also has a potential to become a Mammoth in due course of time because of their consistent good performance..... Another stock is Lux Industries,small player Vs Page Industries which is mammoth. Link to comment Share on other sites More sharing options...
Jaitra Posted May 5, 2023 Author Share Posted May 5, 2023 So money veetilo petti if u close eyes for 3 years,they can easily double your money....Indigo Paints and Lux Industries. Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 in both I choose Indigo Paints... Link to comment Share on other sites More sharing options...
Jaitra Posted May 5, 2023 Author Share Posted May 5, 2023 12 minutes ago, roger7 said: in both I choose Indigo Paints... Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 (edited) One day up... 3.96% for Natco after lots of struggle stock got pushed-up and breached 600 rupees.. nearly from a terrible low of 525.75 on 2nd feb this year now the stock got surged-up by 86 rupees which is a good return for momentum traders.. but long term investors they need to wait for 2-3 months more.. if everything fareswell in next three weeks the stock will see 680rupees Edited May 5, 2023 by roger7 Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 Link to comment Share on other sites More sharing options...
Jaitra Posted May 5, 2023 Author Share Posted May 5, 2023 23 minutes ago, roger7 said: One day up... 3.96% for Natco after lots of struggle stock got pushed-up and breached 600 rupees.. nearly from a terrible low of 525.75 on 2nd feb this year now the stock got surged-up by 86 rupees which is a good return for momentum traders.. but long term investors they need to wait for 2-3 months more.. if everything fareswell in next three weeks the stock will see 680rupees can gland pharma reach its all time high bro? Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 it depends on lots of issues but projections for fy24 are looking good including PAT... Fosan pharma may leave this company- Ravi penmatsa garu may take over a grapevine news moving up in market. but surely it will go beyond 2100 in this year itself, but 3000-4000 k i dont think it will happen in near future Link to comment Share on other sites More sharing options...
Jaitra Posted May 5, 2023 Author Share Posted May 5, 2023 6 minutes ago, roger7 said: it depends on lots of issues but projections for fy24 are looking good including PAT... Fosan pharma may leave this company- Ravi penmatsa garu may take over a grapevine news moving up in market. but surely it will go beyond 2100 in this year itself, but 3000-4000 k i dont think it will happen in near future ok bro do u work in pharma industry? Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 yes.. In Gujarat Link to comment Share on other sites More sharing options...
Jaitra Posted May 5, 2023 Author Share Posted May 5, 2023 47 minutes ago, roger7 said: yes.. In Gujarat Nice bro I want to travel to Gujarat to visit Dwarka How is Gujarat when compared to Ap bro? People etc etc uravis 1 Link to comment Share on other sites More sharing options...
uravis Posted May 5, 2023 Share Posted May 5, 2023 19 minutes ago, Jaitra said: Nice bro I want to travel to Gujarat to visit Dwarka How is Gujarat when compared to Ap bro? People etc etc I also planned to dwaraka , couldn't happen last year. Need to visit in 2024. Somnath and dwaraka in one stretch Link to comment Share on other sites More sharing options...
Jaitra Posted May 5, 2023 Author Share Posted May 5, 2023 1 minute ago, uravis said: I also planned to dwaraka , couldn't happen last year. Need to visit in 2024. Somnath and dwaraka in one stretch ya Somnath also Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 48 minutes ago, Jaitra said: Nice bro I want to travel to Gujarat to visit Dwarka How is Gujarat when compared to Ap bro? People etc etc Though I work for Gujarat company I work from home - Like staying Hyderabad and visit our office in Gujarat once in every month. People are good - in administration and spinning money from the available systems.. Link to comment Share on other sites More sharing options...
Jaitra Posted May 5, 2023 Author Share Posted May 5, 2023 Just now, roger7 said: Though I work for Gujarat company I work from home - Like staying Hyderabad and visit our office in Gujarat once in every month. People are good - in administration and spinning money from the available systems.. Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 Nagesvara- Somanth-Dwaraka will be right travel order but go in October-Jan time.. Gujarat is a place where you will have two summers kind of seasonal cycles.. After rains it will be good Jaitra 1 Link to comment Share on other sites More sharing options...
Jaitra Posted May 5, 2023 Author Share Posted May 5, 2023 21 minutes ago, roger7 said: Nagesvara- Somanth-Dwaraka will be right travel order but go in October-Jan time.. Gujarat is a place where you will have two summers kind of seasonal cycles.. After rains it will be good Thanks for the info bro Link to comment Share on other sites More sharing options...
Jaitra Posted May 5, 2023 Author Share Posted May 5, 2023 1 hour ago, uravis said: I also planned to dwaraka , couldn't happen last year. Need to visit in 2024. Somnath and dwaraka in one stretch https://www.gujaratexpert.com/somnath-dwarka-tour/ uravis 1 Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 About the Company: Godrej Agrovet (GODREJAGRO) is a significant player in the Indian agriculture sector, with a diverse portfolio spanning across animal feed, crop protection, palm oil, and dairy, which account for 49%, 13%, 15%, and 14% of its revenue, respectively. The company's market-leading positions in agricultural inputs and outputs, strategic focus on less-regulated segments, and superior management and parentage make it an attractive investment opportunity in the agriculture industry. GODREJAGRO has a solid long-term track record of consistent growth and generates robust return ratios. Its well-diversified business portfolio, combined with its market dominance, sets it apart as a strong player in the sector. Business Segments: Feeds: GODREJAGRO offers a range of animal feed products, including cattle feed, layer feed for chickens, and aqua feed for shrimp and fish. It holds the position of being the largest feed player in India with over 30 manufacturing plants and a total volume of 1.4 million metric tonnes. The feed industry is currently experiencing margin pressure, resulting in lower profitability, and the company's realizations per tonne decreased from an all-time high of Rs. 35,000 to Rs. 30,000 between June and December 2022. GODREJAGRO is closely monitoring competition from agri-tech companies that have entered the market and launched their own animal feed products. However, the company is committed to increasing its volume growth and market share in this segment. Crop Protection: The Crop Protection segment of GODREJAGRO comprises both the Standalone crop protection business and Astec Lifesciences, in which the company holds a 66% stake. The portfolio of products includes Plant Growth Regulators, Organic Manures, Biostimulants and Crop Protection chemicals. The company has invested in backward integration to diversify its raw material sourcing and reduce dependence on international markets, resulting in benefits being realized. Astec LifeSciences has commercialized two new CDMO products during the year. However, realizations and export revenue have been affected recently. The company is concentrating on the Contract Development and Manufacturing Organization (CDMO) part of the business to achieve sustainable and profitable growth, with a goal of doubling CDMO revenues this year and maintaining 30% to 50% growth year-on-year. To be immune to volatility, the strategy is to diversify and expand into higher margin products and the CDMO business. Oil Palm: GODREJAGRO holds the largest market share of palm oil production in India with 30% of the market. The company has a potential plantation area of 2,00,000 hectares and aims to increase it at a rate of 10,000 hectares per annum, from the current 3,000 to 4,000 hectares per annum. Despite the current steep fall in palm oil prices, the company is still generating high realizations as the prices of palm oil have seen a sharp rise in the post-Covid inflationary era. To insulate the business from the volatility in oil prices, Godrej Agrovet has made investments in a 400-ton refinery and a solvent extraction plant of 100 TPD. Dairy: GODREJAGRO's subsidiary Creamline Dairy Products Limited sells packaged milk and dairy products under the brand name "Jersey." The dairy segment witnessed an increase in volume growth for both milk volumes and value-added products; however, it was offset by a continuous rise in milk procurement prices. Currently, the segment is facing losses, and the management is looking to break even by achieving 50% revenue from value-added products. Processed Foods & Poultry: GODREJAGRO has a joint venture with Tyson India Holdings Limited, with a ratio of 51:49, to produce processed chicken and frozen foods. The products are marketed under the brands "Real Good Chicken" and "Yummiez". The company aims to increase its production capacity by 15-20% in the coming year. The company's major clients include HORECA, and it plans to grow its branded business with QSR and D2C companies to reduce volatility. Business Performance: GODREJAGRO reported strong business performance in Q3 FY2023 and the nine months of FY2023, with healthy topline growth of 12% and 17% year-on-year, respectively. The animal feed segment achieved the highest ever quarterly volumes in Q3 FY2023 with a 7% year-on-year volume growth, while the poultry segment recorded strong growth in both topline and profitability. In terms of segment-wise performance, the vegetable oil segment registered 13% growth in Fresh Fruit Bunch volumes in Q3 FY2023. The dairy segment sustained volume growth in value-added products and milk volumes, but there was a continued rise in milk procurement prices. However, the crop protection business has experienced headwinds due to muted domestic demand and price erosion in the export market, while the Bangladesh business has been impacted by price controls on essential food commodities. The supply chain efficiency and improvements in the production process have resulted in an improvement in Oil Extraction Ratio (OER) in the palm oil business. The company expects Crude Palm Oil (CPO) prices to rise slightly but not significantly. Historical Revenue Mix: Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 Link to comment Share on other sites More sharing options...
roger7 Posted May 5, 2023 Share Posted May 5, 2023 within 2yrs this stock will go upto.. 640 rupees per share Link to comment Share on other sites More sharing options...
chanti149 Posted May 5, 2023 Share Posted May 5, 2023 Rvnl ...wat a multibagger it turned out...1yr lo near 5x.....within 2023 near 2.5x.....still going strong at 140+.... Psu banks then..railway stocks aftr that....kummssss Link to comment Share on other sites More sharing options...
Naresh_NTR Posted May 5, 2023 Share Posted May 5, 2023 2 hours ago, chanti149 said: Rvnl ...wat a multibagger it turned out...1yr lo near 5x.....within 2023 near 2.5x.....still going strong at 140+.... Psu banks then..railway stocks aftr that....kummssss same graph like irctc... tondarlo asssam Link to comment Share on other sites More sharing options...
NBK NTR Posted May 5, 2023 Share Posted May 5, 2023 1 hour ago, Naresh_NTR said: same graph like irctc... tondarlo asssam very true bro...mundu buy chesina valake profit aa so called railway stocks...ipudu ATH lo buy cheste dabidi dibide. Link to comment Share on other sites More sharing options...
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