MicroCaps PraWin
15.9K subscribers
267 photos
1 video
127 links
Channel Started on: December 2023 ©️
🔹Not SEBI registered
🔹Microcaps, SME & Market
🔹No Buy Sell Hold Reco
🔹We will not be responsible for any Losses or Profits
🔹Consult your financial advisor for any trading decisions

🐦 Twitter: Microcaps_PraWin
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Add shop reported good revenues last quarter compared to previous one
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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
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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 new😄
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Found one

Good news: Capex, volume spikes into consolidation

Bad news:
▫️The chemical sector has temporarily headwinds
▫️It can remain in consolidation some more time looking at the chart
▫️Buying levels are not yet come
▫️To be tracked , watchlist candidate.

I have not bought it, I will not buy it till I see decisive volume on the chart.
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Big returns generally take big time
We have to keep tracking
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RACL GEARTECH
Observe.
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No buy sell reco
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Venus Pipes🎉 (Concall in simple words)

💎 Significant growth guidance

Highest ever qtrly revenues ₹207 Cr
PAT 106% YoY
High-margin seamless pipes rev: 56%
Guidance for FY'24 is a growth of 45% to 50%, with expectations of 30% to 40% growth for FY'25

1️⃣ Q3 FY24 Results
▫️Revenues ₹207 Cr (+52.2% growth)
▫️PAT ₹23.3 crores (+106% YoY growth)
▫️High-margin seamless pipes rev 56%
▫️Export contribution increased to 17%

2️⃣ Expansion and Capacity 💡
▫️ Seamless pipes CapEx: 9.6k MTPA to 14k MTPA by Q4 FY24
▫️ 46% Capex for High-margin business (Beauty)♥️♥️♥️
▫️Approvals for higher diameter welded pipes (SS pipes market size in India: ~3 lakh tons/yr)💡

3️⃣ Sustainability and Growth Strategy
▫️1.3 MW solar power system installation
▫️Margins to increase by 50% incrementally

4️⃣ Guidance and Market Outlook 💡
▫️FY'24 growth: 45%-50%
▫️FY'25: 30%-40%
▫️Focus on critical products, new markets like US, ME, Africa
▫️Sustained demand for stainless steel pipes and tubes
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What plays a crucial role in earning huge returns ?
Anonymous Poll
12%
Knowledge
29%
Patience
72%
Both
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Booked some profit in one of the stock. No money left, waiting for salary.
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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
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Entered Deep Polymers at 101, deleting the screenshot to avoid misuse
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♥️♥️♥️
Aarti industries 530 to 694 (+31%)

When nobody was talking at all about Aarti Industries, I spotted the reversal . Also updated about it on Twitter.

530 to 694 so far.
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If everything you're getting free, show some love by sending Free Likes & Retweets on Twitter 😉

Thank you 🙏
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UltraCab 😄
Coming up with rights issues
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