Wish you a very Happy and Prosperous Diwali

Dear Friends,

Wish you and your family a very Happy & Prosperous Deepawali!

Previous year has been excellent for Equity Investing and the long term looks equally opportunistic.

On the auspicious day of today, we would like to mention few new ideas which investors may explore and initiate investing on Muharat Trading today:

  1. Mangalore Chemicals (45.50)
  2. Facor Alloys (6.60)
  3. Nitin Spinners (13.50)
  4. Sree Rayalseema Hi-Strength Hypo (63)
  5. 3M India (3960)

Looking forward to your views.

Best Wishes. Happy Investing.

9 thoughts on “Wish you a very Happy and Prosperous Diwali”

  1. Hi Ayush & family,

    Wish you all a very happy Diwali. Thanks a lot for the frequent updates on dalal-street.in

    PS: May your (Mittal’s) wealth grow like the LN Mittal’s 🙂


  2. wishing you all a very Happy diwali and prosperous new year…

    Ayushji – special wishes to you and your team.

    FACOR ALLOY – Whats the story in Facor Alloys? Can you pls elaborate further. feel like taking a look at it.

    Sree Rayalseema – seems interesting and
    Manglore Chem – on the same path as balaji Amines.

  3. Hi Ayush
    Any more facts on these stocks.Do you know the reason for the sharp jump in recent qtr Mglr Chem sales/profits – is it sustainable.Nitin Spinners looks like a cyclical textile stock which I don’t like.3M India seems very expensive. Don’t know enough about the Rayalseema stock…. Btw great call on the Pondy Oxide stock….. What do u think is a good exit point for this stock.I think Rs 100 is a good time.


    1. Hi Abhishek,

      It would be tough to say as to what levels the profits are sustainable for fertilizer cos. Still, if you look at several parameters – Sales/Mcap, Price/BV, TTM PE etc, it is one of the cheapest stock in the whole sector.

      Yes, textiles are cyclical and not great long term bets. The positives for nitin are – 1. yarn prices and demand has risen sharply 2. The stock had been trading below BV and at low PE multiples.

      3M is a great company globally. For India they have strong growth plans. Stock has remained always expensive 😉

      For Pondy, rather than keeping a fixed price, one can book profits in several lots.


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