Curious Indian Investor

Steel-major SAIL gets clearance for ₹1-lakh cr expansion plans, working on de-carbonisation strategy: Amarendu Prakash https://www.thehindubusinessline.com/companies/steel-major-sail-gets-clearance-for-1-lakh-cr-expansion-plans-working-on-de-carbonisation-strategy-amarendu-prakash/article68186724.ece

From - https://twitter.com/Tijori1/status/1791008512975212898 Tata Motors made more profit than TCS in the March 2024 quarter. It has not happened in a very very long time Might be shortlived of course - but still huge achievement March' 24 quarterly profit Tata Motors ~17407 Crs TCS ~12434 Crs

Also relevant From - https://twitter.com/soicfinance/status/1790651053383221553 One common pattern during this seasons concalls: 1. Apar industries: seeing lot of Chinese competition in the Conductor business and deinventorisation in USA. 2. Jubilant Ingrevia: China+1 theme is here and have seen lot of enquiries, but enquiries aren't converting to business as Chinese selling below cost price. 3. UPL: Expect agrochemical prices to remain subdued and might not recover for 1.5-2years. 4. SRF: seeing dumping of Chinese Ref gas across the world. 5. Borosil renewables: facing substantial dumping from China. Chinese Industrial over capacity is here to stay, as per conversation with a couple of friends. Chinese companies are loss making, and only government subsidies which are 9-11% of sales are allowing them to show 5-6% ebitda margins. No one knows when this will reverse, but countries like USA have started putting Anti Dumping Duties

Different chemical companies and their capabilities From - https://twitter.com/soicfinance/status/1790698575669694735

*MSCI INDIA INDEX* *ADDITIONS* BOSCH CANARA BANK INDUS TOWERS JINDAL STAINLESS JSW ENERGY MANKIND PHARMA NHPC PB FINTECH PHOENIX MILLS SOLAR INDUSTRIES INDIA SUNDARAM FINANCE THERMAX TORRENT POWER *DELETIONS* BERGER PAINTS INDRAPRASTHA GAS ONE 97 COMMUNICATIONS (PAYTM)

The concept of financialization of savings and hence lower deposits in banks is very flawed and people who do not understand how money moves in economy will talk as if stock market investments has led to fall in deposits. Please understand, when u take money from ur account and do any share market transaction (IPO or secondary market) it eventually ends up in another bank account of any other bank in system ( broker account, selling shareholder account, or company account in case of IPO) Hence aap ye baat completely bhul jaiye ki high deposit cost is due to financialization of savings. The moment money starts moving out of system ( either due to higher US rates, or central bank tightening) the money available in system keeps going down and hence deposits start chasing higher yield. An important point to understand about bank savings and stock market investments. From - https://twitter.com/investor_vineet/status/1789654247614697472 Koi agar agli baar aapko boley ki banko ka CASA isliye kam ho raha hai kyunki log market mei paisa laga rahey hain. Toh chup chaap waha se nikal lena - because that's now how money works.

An interesting read from - https://twitter.com/EkanshMittal_KW/status/1788489576383692944 How to screen for turnaround opportunities that may end up performing quite well Look for Preferential allotment of warrants to Promoters in cos. in which there's been a decent correction in stock price (40-50% or more) Let's look at a case - Ashapura Minechem - From FY 16 till FY 20, company's sales and profits were dropping year after year - Sales had decreased from 1,700 crore + to only Rs 334 crore and stock had fallen from 113 odd levels in Jan'18 to 17 odd levels in Jul'19 - On 7th Jan'20, company announced that a meeting of Board of Directors will be held on 10th Jan'20 to consider allotment of 45 lakh Preferential warrants to Promoters. In Jan'20, the stock was quoting around 30 odd levels - On 28th Feb'20, the company allotted 45 lakh convertible warrants @ Rs 31.95/- each to Promoters - At that time, while there was no sight of turnaround in business, it was still an interesting event as Promoters were willing to take a bet despite the business being down - While FY 20 ended with just Rs 334 crore sales, in FY 21, the sales increased to Rs 1,148 crore - Probably, the promoters were anticipating a turnaround in the business and thus opted for convertible warrants at Rs 31.95/- each - The markets also turned supportive and the stock went up to 150 odd levels by Apr'21 - After recording a high of around 165 odd levels in Apr'22, the stock again started correcting and reached lows of 75 odd levels in Dec'22 - On 28th Dec'22, company announced that a meeting of Board of Directors will be held on 2nd Jan'23 to consider allotment of 40.4 lakh Preferential warrants to Promoters - On 14th Feb'23, the company allotted 40.4 lakh convertible warrants @ Rs 95.96/- each to Promoters - Markets again turned favorable and the stock touched a high of 450 in Dec'23 and currently trading around 315 odd levels There might be many cases where the business and the stock may not have done well, post allotment of warrants to promoters during low phase. However, the idea is, screening for such stocks can be a good starting point for further research and to catch the turnaround stage early Disclosure: I am SEBI Registered Research Analyst No recommendation or holding in the stock. Just an observation. For detailed regulatory disclosures, check katalystwealth.com

Both of the above videos are informative and thought sharing. There are some points about the stock markets and investing.

Video language - Hindi It has English subtitles https://youtu.be/knRdCOlJ45I?si=ILdlQmI6F0T6PWmt