January 29, 2025 ABML is 73.53% owned by Aditya Birla Capital (ABCL) It is the group’s broking and distribution arm present in equity broking, commodity broking, depository services, margin trade funding, PMS (portfolio management services) and distribution of products like mutual funds, insurance and loans. Track record In last 10 years, revenues have increased at … Read more
February 6, 2025 Was recently listed in January 2024 and currently the Company is trading above its issue and listing price. Mcap is around Rs 3,500 cr. Its majorly institutions owned Company. The issue price was Rs 418 per share, listing was at Rs 464 and current trading price is Rs 563 Incorporated in 2000, … Read more
January 29, 2025 The company got listed in October, 2023. IPO Price was Rs 300/ share and current market price is Rs 346/ share. Current mcap is Rs 2,316 cr. Company before listing had over the years received support from Private Equity including New Vernon, ICICI and Motilal Oswal. None of the them are present … Read more
January 25, 2024 Sustained good performance from ICICI No real red flags. Whereas most of his other competitors are struggling on some or the other parameter, ICICI continues to be the standout performer. Valuations are not over the top. The only point to consider – ICICI is now a consensus buy. Any small lapse and … Read more
January 25, 2025 IDFC FIRST Bank was created by the merger of the erstwhile IDFC Bank and erstwhile Capital First on December 18, 2018. Since then, bank has had a volatile performance. Being a new bank is not easy in an highly competitive sector wherein one needs to attract customers for low cost deposits and … Read more
October 22, 2024 IT Products, platform and services provider Transaction Banking – comprehensive solution for full-spectrum corporate banking Lending Suite – End-to-end Credit Risk Management Platform Transit Solutions – connected and contactless transit systems Platform Services – Consulting and integration service umbrella supporting Government-to-government transfer of technology, Consulting for Software Products, Managed IT Services for … Read more
February 6, 2025 Q3 as expected muted. However, optically more muted than expectations due to high palm oil prices (as is the case with most consumer companies in the quarter). Q4 as such may not offer a significant negative surprise. However, optically the performance may look very average due to the high base last year. … Read more
August 14, 2024 Leading manufacturer of electrical and telecommunication cables in India It has also entered into electrical goods and home appliances Business Mix. In Q1FY25 – Electrical cables – 84% Communication cables – 10% Copper Rod – 1% Others – 5% Track record In last 5 years, revenues have grown at a CAGR of … Read more
October 19, 2024 Challenging quarter mainly due to headwinds in Credit Card and Micro Finance Business. Credit Cards accounted for 32% of September end retail book and MF at 13% Credit card business challenges seem to be collection transition related (internal). Micro Finance challenges were sector related Credit Card business should stabilise by Q3 and … Read more