Balkrishna Ind–FY 2011 Annual Report

I’m sure you all must have realized my enthusiasm about the long term prospects of BKT by now. Post the management meet and latest annual report of the company, I think the company is on a very good wicket to deliver consistent growth for next 3-5 years and achieve its internal target of $ 1 … Continue reading Balkrishna Ind–FY 2011 Annual Report

Balkrishna Ind–Management Meet

Friends, we had posted about Balkrishna Ind (BKT) and highlighted about their superior business model when compared to the regular tire industry. The story has only become stronger and there is much more visibility on the growth ahead. Our friend Donald Francis visited BKT to get in-depth understanding on the company and get answers to … Continue reading Balkrishna Ind–Management Meet

Balkrishna Industries – Not just any regular tyre company

Its logical not to go for tyre companies as long term investment as the business model is not very attractive cause: 1. No competitive edge hence no pricing power and high competition 2. ROCE are low This is where Balkrishna Industry (BKT) stands out. This company has had a spectacular track record of: 1. Growing … Continue reading Balkrishna Industries – Not just any regular tyre company

Sree Rayalaseema Hypo and other updates

A brief update on some of our stocks discussed before: Sree Rayalaseema Hi-Strength Hypo (BSE Code – 532842, NSE Code – SRHHYPOLTD): We had discussed about the company’s expansion plants earlier. In the September quarter, the company has reported a good growth of 27% in turnover and the stock looks quite cheap, if it is … Continue reading Sree Rayalaseema Hypo and other updates

Happy Diwali: Muhurat Picks and Quarterly result updates

Wish you a very Happy and Prosperous Diwali friends. Tomorrow is the Muhurat Trading session from 3:45PM to 5PM and we would recommend all our readers to take part on this auspicious day. Our muhurat picks are (in no particular order): Atul Auto Balkrishna Industries GRP Mazda Polymedicure We are also studying Maithan Alloys and … Continue reading Happy Diwali: Muhurat Picks and Quarterly result updates

Updates from the company visits & AGMs

During the past few weeks, we have been on the move to attend the Annual General Meetings (AGMs) and meet the companies we have been tracking. A lot of effort has been in re-understanding the companies and preparing proper questionnaires to get a bigger and longer term picture. We are in process of preparing detailed … Continue reading Updates from the company visits & AGMs

Quarterly Results Update (Q3 FY12)

Q3 results have been generally good and most of our stock ideas have posted good performance. Here is a brief evaluation of their performance: 1. Balkrishna Ind: The company has yet again posted an excellent set of numbers and has surpassed the expectations. It is fantastic for a company with as large a turnover of … Continue reading Quarterly Results Update (Q3 FY12)

Results season – Hits and Misses

Quarterly results are good to introspect the stock ideas we are invested into. We review the performances to stay with winners and switch out of stocks where the companies are not performing as per expectations. It is heartening to notice good performances by most of the companies we are invested into. Gujarat Reclaim: – The … Continue reading Results season – Hits and Misses

Welcoming Samvat 2068…

Dear Friends, Wish you and your family a very very Happy & Prosperous Deepawali!!! May Laxmi Ji shower her blessings and Ganesh Ji his happiness on all of us. On this auspicious day, do participate in Samvat 2068 – Muhurat Trading session from 4:30 – 6 pm. Our Muhurat picks are: Nesco (560) Avanti Feeds … Continue reading Welcoming Samvat 2068…

Portfolio shuffling…

It is important to re-evaluate the portfolio and weed out non-performers, or the stocks in which the story is not developing as expected, or switch to new ideas which look cheaper or have more value than others. We have exited from couple of our ideas over last few days: 1. Jocil – Initially discussed @ … Continue reading Portfolio shuffling…