MicroCaps PraWin
I will update the RACL GEARTECH Concall summary tonight.
Will update late night or tomorrow, bit busy
π29
Those who are panicking looking at Smallcaps falling.
Remember I told you the story of CARYSIL.
270-290 I added, I kept on adding till 600βΉ
Average price went to 500.
Stock went to 900
Then in a small cap correction, stock came down to 450βΉ
I held it, I didn't panic because I trusted the business and not the stock price.
Today it's 1000+
Don't panic, holding Multibaggers is not an easy job, you yourself are more dangerous than any Business performance.
Remember I told you the story of CARYSIL.
270-290 I added, I kept on adding till 600βΉ
Average price went to 500.
Stock went to 900
Then in a small cap correction, stock came down to 450βΉ
I held it, I didn't panic because I trusted the business and not the stock price.
Today it's 1000+
Don't panic, holding Multibaggers is not an easy job, you yourself are more dangerous than any Business performance.
π89β€17π₯8π7
Inox green at Upper circuit.
Jinko Darr lag raha tha, 70-80 par entry liye the, nikal jao
Jinko Darr lag raha tha, 70-80 par entry liye the, nikal jao
π19π1
Hindcon Chemicals hits 2 Upper circuits in the panic Market
- this is not because I'm an expert
IREDA hits 4-5 LCs
- this is not because I'm an expert
Mature minds think beyond criticism. Weak minds troll
I hope many must have understood what I'm saying, if not, "THINK OF A LONG TERM"
Multi-bagging comes with patience & holding power
- this is not because I'm an expert
IREDA hits 4-5 LCs
- this is not because I'm an expert
Mature minds think beyond criticism. Weak minds troll
I hope many must have understood what I'm saying, if not, "THINK OF A LONG TERM"
Multi-bagging comes with patience & holding power
π64π7β€6π4π3
Add shop reported good revenues last quarter compared to previous one
π29π₯5π1
In search of new stock, I will share it before Sunday.
The last 3 days literally didn't get much time, will find something now
The last 3 days literally didn't get much time, will find something now
π28π₯°10π9β€7
Market overall for small caps is on tracking mode for me, I'm not yet buying because of two reasons...
in the short term, this week we should wait
Second reason, no money to buy/ add anything newπ
in the short term, this week we should wait
Second reason, no money to buy/ add anything newπ
π49π19π6β€1
Found one
Good news: Capex, volume spikes into consolidation
Bad news:
β«οΈThe chemical sector has temporarily headwinds
β«οΈIt can remain in consolidation some more time looking at the chart
β«οΈBuying levels are not yet come
β«οΈTo be tracked , watchlist candidate.
I have not bought it, I will not buy it till I see decisive volume on the chart.
Good news: Capex, volume spikes into consolidation
Bad news:
β«οΈThe chemical sector has temporarily headwinds
β«οΈIt can remain in consolidation some more time looking at the chart
β«οΈBuying levels are not yet come
β«οΈTo be tracked , watchlist candidate.
I have not bought it, I will not buy it till I see decisive volume on the chart.
π79β€14π6
Big returns generally take big time
We have to keep tracking
We have to keep tracking
π62π₯4π₯°4π«‘2
MicroCaps PraWin
Venus Pipes β«οΈ 1370 to 1430, so far on X. I'm holding from 900βΉ levels, disc. β«οΈ Have repeated many times β«οΈ Not because I'm invested, but because it is one of the best technical setup for good business β«οΈ About to start the rally β«οΈ Targets? Chart speaks.
Venus Pipes
1370 to 1605 π
1370 to 1605 π
π14π4
Venus Pipesπ (Concall in simple words)
π Significant growth guidance
β Highest ever qtrly revenues βΉ207 Cr
β PAT 106% YoY
β High-margin seamless pipes rev: 56%
β Guidance for FY'24 is a growth of 45% to 50%, with expectations of 30% to 40% growth for FY'25
1οΈβ£ Q3 FY24 Results
β«οΈRevenues βΉ207 Cr (+52.2% growth)
β«οΈPAT βΉ23.3 crores (+106% YoY growth)
β«οΈHigh-margin seamless pipes rev 56%
β«οΈExport contribution increased to 17%
2οΈβ£ Expansion and Capacity π‘
β«οΈ Seamless pipes CapEx: 9.6k MTPA to 14k MTPA by Q4 FY24
β«οΈ 46% Capex for High-margin business (Beauty)β₯οΈβ₯οΈβ₯οΈ
β«οΈApprovals for higher diameter welded pipes (SS pipes market size in India: ~3 lakh tons/yr)π‘
3οΈβ£ Sustainability and Growth Strategy
β«οΈ1.3 MW solar power system installation
β«οΈMargins to increase by 50% incrementally
4οΈβ£ Guidance and Market Outlook π‘
β«οΈFY'24 growth: 45%-50%
β«οΈFY'25: 30%-40%
β«οΈFocus on critical products, new markets like US, ME, Africa
β«οΈSustained demand for stainless steel pipes and tubes
π Significant growth guidance
β Highest ever qtrly revenues βΉ207 Cr
β PAT 106% YoY
β High-margin seamless pipes rev: 56%
β Guidance for FY'24 is a growth of 45% to 50%, with expectations of 30% to 40% growth for FY'25
1οΈβ£ Q3 FY24 Results
β«οΈRevenues βΉ207 Cr (+52.2% growth)
β«οΈPAT βΉ23.3 crores (+106% YoY growth)
β«οΈHigh-margin seamless pipes rev 56%
β«οΈExport contribution increased to 17%
2οΈβ£ Expansion and Capacity π‘
β«οΈ Seamless pipes CapEx: 9.6k MTPA to 14k MTPA by Q4 FY24
β«οΈ 46% Capex for High-margin business (Beauty)β₯οΈβ₯οΈβ₯οΈ
β«οΈApprovals for higher diameter welded pipes (SS pipes market size in India: ~3 lakh tons/yr)π‘
3οΈβ£ Sustainability and Growth Strategy
β«οΈ1.3 MW solar power system installation
β«οΈMargins to increase by 50% incrementally
4οΈβ£ Guidance and Market Outlook π‘
β«οΈFY'24 growth: 45%-50%
β«οΈFY'25: 30%-40%
β«οΈFocus on critical products, new markets like US, ME, Africa
β«οΈSustained demand for stainless steel pipes and tubes
π14β€9
Thread π§΅
https://twitter.com/MicrocapsPraWin/status/1758046696960045257?t=Cl0GVlb5pqbltiAidh78Ng&s=19
https://twitter.com/MicrocapsPraWin/status/1758046696960045257?t=Cl0GVlb5pqbltiAidh78Ng&s=19
X (formerly Twitter)
PraWin (@MicrocapsPraWin) on X
Venus Pipesπ (Concall in simple words)
π Significant growth guidance
β Highest ever qtrly revenues βΉ207 Cr
β PAT 106% YoY
β High-margin seamless pipes rev: 56%
β Guidance for FY'24 is a growth of 45% to 50%, with expectations of 30% to 40% growth for FY'25β¦
π Significant growth guidance
β Highest ever qtrly revenues βΉ207 Cr
β PAT 106% YoY
β High-margin seamless pipes rev: 56%
β Guidance for FY'24 is a growth of 45% to 50%, with expectations of 30% to 40% growth for FY'25β¦
β€8π8π1
What plays a crucial role in earning huge returns ?
Anonymous Poll
12%
Knowledge
29%
Patience
72%
Both
π21
MicroCaps PraWin
Found one Good news: Capex, volume spikes into consolidation Bad news: β«οΈThe chemical sector has temporarily headwinds β«οΈIt can remain in consolidation some more time looking at the chart β«οΈBuying levels are not yet come β«οΈTo be tracked , watchlist candidate.β¦
I added my first token amount today.
Will complete buying if it moves 20-30% on the higher side and consolidates.
Will complete buying if it moves 20-30% on the higher side and consolidates.
π20π€2π₯°1
Booked some profit in one of the stock. No money left, waiting for salary.
π21π9π₯΄8
This is not a buying recommendation.
Do study. I bought mainly on Capex news.
And some volume spikes recently in consolidation. It can take a lot of time to come out of consolidation. I'm ready for that.
If it goes down(as some people like to dump the stock that I share), I am fine, I cannot control that.
Do your due diligence before buying or selling or holding. This is only for study purposes
Do study. I bought mainly on Capex news.
And some volume spikes recently in consolidation. It can take a lot of time to come out of consolidation. I'm ready for that.
If it goes down(as some people like to dump the stock that I share), I am fine, I cannot control that.
Do your due diligence before buying or selling or holding. This is only for study purposes
π30
Entered Deep Polymers at 101, deleting the screenshot to avoid misuse
π67π₯9π1