ATAM VALVE

CMP : 197

Market Cap : 210cr

52wk High/Low - 270/136

Support@ 170

PE - 28

ROCE - 41.8%

ROE - 42.1%

SALES GROWTH 5 YR - 23%

PROFIT GROWTH 5 YR - 71.9%

DEBT TO EQUITY - 0.47

About Company :

Incorporated in 1985, Atam Valves Ltd is a manufacturer of Valves, Cocks & Boiler Mounting

Business Overview:

Company is a part of AMCO Industries. It is a manufacturer and exporter of Industrial & Plumbing Valves, Fittings & Boiler Mountings including valves of Gate, Globe, Check, Ball, Butterfly, Steam Traps, Boiler Mountings & Accessories, and other industrial valves and fittings. The valves are engineered to handle service conditions at -192°C to 550°C and pressure up to 10000psi

Product Profile:

Air Valves, Ball Valves, Butterfly Valves, Check Valves, Cocks, Foot Valves, Gate Valves, Globe Valves, Injectors, Moisture Separators, Needle Valves, Non Return Valves, Parallel Slide Blow Off Valves, Plug Valves, Pressure Reducing valves, Safety Valves, Sight Indicators, Steam Stop Valves, Steam Traps, Strainers, Water Level Gauges, Wheel Valves

Clientele:
Adani, Alps Industries, BHEL, BPCL, BSBK, Driplex, Essar, HPCL, IOCL, IRCTC, NTPC, Thermax, Voltamp, etc.

Manufacturing Capacity:

Company has 3 Foundry Shops for Nonferrous, Stainless Steel and Carbon & Alloy Steels, each with multiple moulding techniques. It has a valve manufacturing capacity of 96,000 pieces per month across product categories

Geographical Revenue Split - FY23

Exports 1%, Domestic Sales 99%

As per management 2030 sales target 1000cr

Current sales 53cr fy24 expected sales 80cr

PE 27 vs industry PE 46
current price to sales 3.78

If company achieves 1000cr target as guided by management then even if we give 3 times sales this wld be 5x/10x

Discl - All views expressed are personal and only for educational and study purpose
No buy sell suggestion about this stock.

EKC

Testing patience

Yesterday Lows - 133

Today @ 135

FROM Panic Days To Boom Days

Fresh 52wk High

Adani port 16% 💚
417 To 1024

Adani Enterprise 18% 💚
1017 To 2999

CDSL

Already 3x in 2.5 Years
( 615 To 1900++)
But still long Journey pending

💎started in the year 1998 has gone through stunning Demat Account Additions:

September 2015 - 1 cr
January 2020 - 2 cr
July 2021 - 4 cr
February 2023 - 8 cr

November 2023 - 10 cr
which is just 7% of the Population of India: 143.40 cr


a. CDSL is "doubling" it's dividend pay-out every 2-3 years

b. New companies getting listed every year

c. Only 20k Mcap company

What will happen when this debt free business:

1.>increases from 7% to 20% - 25% - 30% ? Which can happen in next few years

2.>Smallcap becomes a Largecap?

So if everything is so positive, so what do you think are the risks/downside of this business?

Just Need Patience and vision we feel

Disc - All views expressed are personal and only for educational and study purpose.

DCW

DCW Limited has executed a Share Subscription and Shareholders' Agreement with Kaze Renewables Private Limited and Cleantech Solar India OA 2 Pte. Ltd. to subscribe 24,41,875 Equity Shares of face value of Rs. 10 each at a premium of Rs. 70.

This acquisition will make SPV an 'associate' of the company.

GNFC

Getting Ready for Fresh 52wk HIGH

🔜🔜🔜🔜

SPORT KING
NAHAR SPINNING

Getting Ready for Upmove

Swaraj Suiting still in Accmulation zone

Swaraj Suiting

Morning was available @96

Now

10% UC

106

EKC

129.10

Hold with conviction

Iska time bhi aayega

DEEPAK FERTLIZER

Ammonia prices are above $580 now. So ammonia plant will make more sense now and margins will improve.

Ammonia Prices up 38% in US Markets and Up 18% in India for November (MoM)

Ammonia prices are in uptrend for last few months

Deepak Fert is one of the largest Ammonia producers in India

Bottom might be done in Deepak Fert and new journey might be starting VERY SOON

DEEPAK FERTLIZER

Shld Do well in coming Days

*India offers both quantity and quality gains: Nilesh Shah says foreign investors looking to enter*

As the domestic market soared to fresh record highs, cheering the saffron sweep across state elections, Kotak AMC’s Nilesh Shah remains extremely bullish on the Indian growth story. As the country sits on the cusp of a pivotal election, Nilesh Shah shares his perspective on the trajectory of the equity market, changing dynamics for FIIs, along with shedding light on India’s positive momentum.

*_How surprised are you with the election verdict? And where do we go from here?_*
The market is pleasantly surprised. They were discounting continuity of governance in 2024 general election but these three results give confidence to the market that their hypothesis was correct. The second quarter GDP number came ahead of expectations; analysts didn't downgrade earnings thereafter like in the previous periods. Earnings as per expectations, GDP growth ahead of expectations, plus political continuity hypothesis getting reconfirmed is why markets gave a thumbs up today.

*_So from here until the elections, do we continue with this positive momentum?_*
Momentum is in favour of India. Concerns about the Indian market is about valuation rather than growth. Between 2027 to 2032, India will become the third largest economy overtaking both Germany and Japan. The conundrum: one-year basis, India looks expensive to emerging market peers; five-year basis, India is probably the cheapest emerging market.

There is consensus that growth in India is guaranteed. Valuation -- each one will have to take a call independently. Remember, gold will always be available at the price of gold; not at the price of copper.

*_Do you think the private capex will move to the front end in the next six months?_*
I think there will be some urgency in the capex plan for private investment as the election uncertainty starts. Economically, the capacity utilisation is reaching peak level, corporate cash flow is strong and leverage is low. There's no better time than today to set up additional capacity. Now, of course, it will be sector specific, such as automobiles sector may be more aggressive, while the chemicals sector might be more subdued.

*_Does the election result decisively change the course of foreign investors?_*
Foreign portfolio investors are not a homogeneous crowd. There are FPIs who have been present in India for decades and won’t change their plan. There are also FIIs who offloaded their positions between 2021-22, and are waiting on the side, hoping to buy at a lower level. However, now they will have to jump in at the current level.

There's also a set of global investors who invested in China but are now realising that Indian markets have given far higher returns. Also, from a growth point of view, it looks far better than China. So there will be a reallocation trade happening from China to India over a period of time.

Finally, India is also working with benchmark global indices companies to increase its weight. On a correction, every global investor will be looking to enhance their allocation to India, just like a domestic investor.

*_FII ownership in India right now sits at a decadal low. Do you see this as the bottom, and could we see a sharp resurgence over the next one or two years?_*
Undoubtedly, FPI's ownership in listed equity has fallen to the lowest level. This is driven by the fact that around $140 billion of investments in the unlisted private space is dominated majorly by FIIs. To truly understand, we have to combine listed and unlisted spaces to understand foreigners’ ownership in Indian companies. We must also look at foreign direct investment, which is increasing. I still believe global capital will continue to flood into India as long as we provide them with an attractive opportunity to invest in India.

Tata power

Fresh 52wk High

306

High Growth
Futuristic Sector
Great Brand Management

Expecting - 450/500/600/750

Long term - 1️⃣0️⃣0️⃣0️⃣

Just for saying

In 2021 Aurion pro was at 166

When fundamentals are strong 💪 & Management is investor friendly any looking to take company to next level and u pick at right time

Few stock that’s not moving now but after a year or two you might feel It’s multibagger in making

Few stocks don’t move after Comming on Radar or immediate after Our Buying

There’s process and need to follow it
( Who had patience & Conviction Made money 💰 IN PAST)

If Revenues and profit increases in 1 - 2 - 3 Qtrs of any stock
It prices has to go up

Many of Our studied stocks nvr moved for many Month or few Qtrs
Just check Reco prices & current prices of that stock picks

HAL @ 914 ( Aft split & 457)
Lincoln pharma @ 240
Deepak Nitrite @ 140
Mastek @ 172
Aurion pro @ 410
Sakar Health care @ 130/153
Praj INDS @ 310/290
GNFC @ 100
EKC @ 75/72/110/120
Precam @ 85/95
Vikram Thermo @48/56
Deepak FERTLIZER @ 72
Nelcast @ 104/90
Stylam INDS @ 1100
Tata power @ 90
Time Techno @ 102
NMDC @ 102
LTTS @ 1700/3000

List is TOO LONG