Soon 🔜 Time would come to buy stock specific ideas 💡

Abhi toh start hai
Mkts can’t go one way Up nor It can’t go one way Down

Monday Bull or Bears 🐻 Day ??

Monday Hope we can see bulls day & Some recovery in Midcaps/Smallcaps

On RADAR

Study —- If things go well this can be in different league in next 2 to 3 Years

KORE DIGITAL

Mcap - 629cr

CMP - 1591

52wk High/Low - 1888/123

Support @ 1450/1275

Fy25 Revenue Guidance -400 Cr (4x of Revenue fy24)

Pat Margins -10.5%
( Same As Fy24)

Kore Digital concall Notes :-

1)Promoter is confident to achieve the revenue of 300-400 cr in FY25 and in Q3 exact will be communicated.Guidance for next year - 400 cr with similar or higher margins as compared to last year

Business is seasonal- Q1 is moderate, Q2 is less as rains ,Q3 & Q4 are heavy

Revenue Breakup For Fy2025:
250 epc
130 samrudhi
20 leasing
Total 400 cr.


2) Fy 26 can easily be above 1000 cr.This is excluding certain ventures in Defence.They may raise some funds for same closer to fy26.

3)Unlike last year this year Q1&Q2 will be good.

4) Something from Rajsthan is in the pipeline but it's not finalized yet so I can't say more about it as per promoter.

5)Samrudhi Project Also Has Dry Area So They Can Work Easily In Monsoon Also.

6) Q1 Results will be before or around 14th August.

7) Bonus Split is on cards.

8)They are also doing something very good work in the defence sector which they will announce in 6-7 months any other info is not given but if it gets successful it will add up more revenue. (Imp)

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

SENSEX
- Jan 2008: 21,200
- Oct 2008: 7,700 ( ~64%)

At present times, if it happens, it will be havoc.

In COVID, the index went down by 40% in 2 months, and the recovery was very swift.

Since then, the index has not even gone down by more than 20% in the last 4 years.

Just thinking, if markets fall by 5-10%, people start panicking.
And where midcaps & Smallcaps would be

If the index goes down by more than 20%, how many of you will still be invested and bullish in the long term?

Not saying markets will go down, just pondering upon it.

In my view more many will get out of the market if there will be a correction of 20 %+

What do you think ?

SW Solar

CMP - 642

Support @570

CONFERENCE CALL Hilights

• 2 turnkey project wins in SA, good margin in international orders

• India EPC biz is a pillar of strength with orders worth ₹1,119 Cr

• Commenced pilot project for BESS for Reliance Industries in Jamnagar

• Stick to guidance of order inflow of ₹8,000 Cr, revenue of ₹8,000 Cr in FY25

• Final terms for Nigeria order have been negotiated, procedural steps in progress

• Final financial closure in 6 months post receiving Nigeria project

FY25 Q1

Much more to the story than just revenue growth. Some great updates this quarter:

1. Good order wins: ~1000Cr Domestic + ~1200Cr International
Unexecuted order book now at ~9400Cr. India has majority share, and also higher gross margins

2. Decent start to the year for order inflows. Q1FY25 is the second best in company's history
Annualizing the order wins this quarter puts them on target to get orders worth ~8k Cr in FY25 (as guided by the mgmt). But order wins are lumpy so this is not completely reliable

3. Reliance orders: Finally here?
Good to see a pilot project of Solar + BESS. This can potentially pave way for massive orders in the future
Lets here more from the management on the concall

4. Nigeria order: Positive update here
Terms have been negotiated. This order has the potential of generating ~2B USD (16.7K Cr INR)

Sportking good Numbers

Sportking India - First spinning company to announce results this quarter and as expected a strong Q1FY25 results with higher Sales, margins, EBITDA, PAT on both YoY & QoQ basis

Other Yar players which can report good numbers

Nitin Spinner
Vardhaman Textile
Nahar spinning
Ambika cotton
RSWM
Amarjothi spinning
GHCL

Textile stock on Radar

On Radar

Sarla poly

CMP - 98

Support @ 93/82

We can see good Q1 Numbers

Can see 10%~20%~30% ~40% plus Upmove in next 2 to 3 Qtrs

S/L - 79 on cbsl or as per Risk

Sportking

16% 💚

1177

Fresh 52wk High

Lux Inds

Days Low - 1786

Support @ 1690

Just see rates after 2 to 3 Qtrs

Textile sector in focus

DEEPAK NITRITE

Days Low - 2721

Strong support @ 2640/2590 zone

Once closed above 3000-3030 zone shld do well

Capex planned.
New plant started from

2024 - 2026 would be of Deepak Nitrite

HG INFRA

Receives Rs 709cr order from Easter Central Railway

Recovery From Days Lows in

NIFTY
MIDCAP INDEX
SMALLCAPS INDEX

Nifty Days Low - 24363

Now at Days High @ 24558

Almost 200 points Recovery from Days Low

Midcap index Days Low - 55336
Now @ 56361

Smallcaps index Days Low -18112
Now @18550

BUDGET TOMM

FOCUS WLD BE ON INDIVIDUAL STOCKS & SECTOR SPECIFIC

Bombay Deying

Textile + Real estate

Aaj Ka Low - 200

Support @190

After Sportking

Now Nitin spinner

Moving 💚

Fresh high 428

Just an observation

Recently Comments & Article in media by RBI & sebi chief suggesting that Budget won’t be that great on news front of any thing special for Investors

Either New taxes can come or old one can be I ncreased

SIP at ATH & Increasing

But as per govt statement and media article GOVT want people to keep money in Banks & FDS

So high chances govt can do something Which public would be discouraged to invest in stock markets

Let’s C
How budget comes Tomm

Budget Expectations

Textile sector wroste seems over

After Sportking

NITIN Spinners - Solid numbers

Identifying a trend early gives you good entry point.

Operating leverage in play

Positive Management Commentary

Valuations attractive :
P/E - 16 ✅

FY25Q1

REVENUE ⬆️30 % - 803 Cr
EBITDA🔼56 % - 119 Cr
PAT🔼46 % - 42 Cr

Leading manufacturer of Cotton & Blended Yarn, Knitted Fabrics, Greige & Finished Woven Fabrics.

Production Volume
Yarns - 26,299 MT vs 18,959 MT

Sales Volume
Yarn Sales - 21,544 MT vs 14,217 MT

Markets are smarter than US

market always does the opposite of what people think or expect

Deepak Fertlizer

Biggest capex coming into play

2024 - 2026 a golden year for company