🔅The company successfully raised Rs 130 crore through a preferential allotment of equity shares during the end of FY23. Dynamatic Technologies has utilised the fund-raise proceeds in April for the repayment of debt and optimisation of balance sheet, the company said in its latest investor presentation.

🔅The fund infusion would support the company's deleveraging efforts, said India Ratings & Research, a Fitch Group company.
Dynamatic Technologies further intends to trim its high-cost long-term debt through divestment proceeds from the Windfarm land.
The company's total debt, excluding lease liabilities, was Rs 610 crore at the end of nine months in FY23, with a term debt of Rs 360 crore. The credit ratings agency expects the company's balance sheet to deleverage in FY24-25, with the equity infusion an improvement in operations and the likely materialisation of asset monetisation.

Deepak Nitrite CEO Maulik Mehta says:-

Demand has been weak until September China has been weak
Dumping from China continues

Not a very bullish commentary from Deepak Nitrite!

NAVNEET EDUCATION

Fresh 52wk High yesterday

Already up 60%

105 To 165 💚

Cmp - 165.80

🔅Navneet Education Primarily into manufacturing and trading of education books, reference books, technical & professional books in paper form and e-learning form, and also paper and non-paper based stationery products.

🔅 Dominant market share of ~65%

🔅Company is amalgamating Genext Students Private Limited and demerging Edtech business of Navneet Futuretech Limited into Navneet Education Limited

🔅Recently sold land in Ahmedabad

🔅Low DE ratio of 0.25x

🔅Div yield - 1.56%

🔅Promoters holds - 63.31%
DII - 11.15% and
FII - 3.36%.

ON RADAR

Vinyas Innovative Technologies

Ipo price - 165

Lot size - 800

https://www.vinyasit.com/

Interesting company

Tying to get more data & understanding bussiness

Mr.Ashish Kacholiya pre Investor in Vinyas Innovative Technologies

RBI policy alert 📢

⭐️ The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5%.

⭐️ This is in line with the street expectations. The RBI has maintained the status quo for the fourth consecutive time.

⭐️ Meanwhile, the inflation rate eased from its 15-month high of 7.44% in July to 6.83% in August this year.

⭐️Nothing Negative in RBI Policy

GOOD LUCK INDIA

52wk High- 752

Already 15x Returns 33 Months

50 to 750 ✔️ Done Till Now

When Recommendation market cap 116cr

Current market cap - 2000cr

Current Book Value - 179

EPS - 35

P.E - 21.42

With Strong Fundamentals & Professional Management Team, this Small Cap Stock set for substantial growth📈

Companies Expected Revenue growth, ₹3000 Cr in FY23 to ₹5000 Cr in FY26

Expanding into Defence & Aerospace Zone

Still Longway to go in next 2 to 4 years

Searching for more such stocks

Would update if find something....

MHRIL

52wk High- 439

Cmp - 433

Already very close to 3x From our zone

Our Test Levels was 5x -
We see 4 digits also...

Still looking good and showing strength

Support @ 385 - 392 zone

Can add in bwt 405 - 420 zone

Can see 50% to 100% move in coming 4 to 8 Qtrs.

S/L - As per Risk or 369 on cbsl

Disc - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.

Just Remember

Last war Ukraine- Russia

As per our study and Experience we wld see Recovery in mkts in 1 to 2 week max

Indian Markets won't have much effect of war of Isreal

There is NO such problem globally which is permanent and impact negatively to stock market in LONGTERM

MANY Problem keeps coming But Markey keeps going upwards overtaking all Negativity in longterm

Always focus on particular companies in which you wanted to invest at higher level and correction gives you opportunity to add at lower levels than don't miss your Favourite stock pick

In the long term only earning matters

We feel War is just Hilighted main culprit is Raising Bond Yields

On RADAR

PCBL LTD

CMP - 200 - 201

Showing great Strength

Can see 10% - 25% - 35%+++ Move in coming Days

Support @ 170

S/L - As per Risk

Disc - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.

AGAIN ON RADAR

OPTIEMUS INFRA

CMP - 302- 303

Markey cap - 2600cr

Support @ 266 - 260 zone

Can be in 4 digits ➕️ in next 3 to 4 years

Would try to update current fundamentals