Unimech Aerospace
#Unimech
#UnimechAerospace
Listed 3 days back
Solid growth track record
Rich valuations after listing at 80% premium to issue price
Management in a post listing interview with CNBC mentioned that H2 is much bigger vs H1 and they have visibility for growth for next 2-3 years
Last 3 years:
Rev:
FY22 36cr
FY23 94cr
FY24 208cr
H1FY25 121cr
EBITDA:
FY22 7.7cr
FY23 35cr
FY24 79cr
H1FY25 49cr
PBT:
FY22 3.7cr
FY23 29cr
FY24 76cr
H1FY25 50cr
PAT:
FY22 3.4cr
FY23 23cr
FY24 58cr
H1FY25 39cr
OCF:
FY22 1.5cr
FY23 1.4cr
FY24 25cr
H1FY25 50cr
Almost debt free company
Solid return ratios
Superior growth track record with excellent OCF
ValueQuest bought a good stake on the listing day
They previously bought ig chunks of Zaggle and Kaynes on listing day
FY22-FY24
Rev CAGR 140%
EBITDA CAGR 220%
PAT margins of 27%
96% revenue comes from exports
JUPITER LIFELINE Says Indore hosp reached over 60% occupancy in the last quarter - CNBCTV18
Expect FY25 EBITDA margin to be in the range of 25%
The new bed addition is a brownfield expansion
Revenue will also double once the 2,000 beds are fully operational over the years
Occupancy growth in Pune and Indore, along with case mix optimisation in Indore, will be key growth drivers
Short term trading , positional trading
And learning priceaction join now @wealthcreator7
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Corporate update, quaterely result, management guidance @companyupdate
Daily one company Fundamental analaysis in detail daily
@fundamental3
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Order Book, capex and stock information in detail @stockinfo33
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We are likely to get contracts for three more submarines
Expect a healthy pipeline with respect to retrofitting the air independent propulsion plugs & growth of around 10-12% over last year in FY25; similar for FY26
The world benefits from China exporting deflation to the rest of the globe, need to manage portfolio risk
Looking for better free cash flow generation from IT services
Matt Orton, Raynomd James to CNBC-TV18
ITC Hotels demerger from ITC Ltd: Passive funds' reaction <ex-date on Jan 6, 2025> (listing expected in ~30 to 40 days)
By Nuvama Alternative & Quantitative Research
ITC to demerge its hotels business, record date set for January 6, 2025
1- How will the price of ITC Hotels determine (until it lists) ?
· The price of ITC Hotels, as should ideally be maintained by domestic Active and Passive Fund Managers, will be calculated based on the difference between the closing prices of ITC on January 3, 2025, and open price of ITC discovered during the SPOS (special pre-open session) on January 6, 2025.
2- How will domestic passive Indices treat ITC Hotels (ITC Hotels) ?
· ITC Hotels will be maintained in all the NSE and BSE Indices at a constant price i.e., the difference between the close price of ITC on January 3, 2025, and open price of ITC discovered during the SPOS (special pre-open session) on January 6, 2025.
· ITC Hotles will be dropped from all the NSE and BSE indices at the last traded price which is Effective at the open of ITC Hotels listing date + 3 business days. If the stock hits circuit limits, the exclusion will be postponed by two trading days each time.
· For Instance : If supposedly ITC Hotels lists on February 10, 2025 then stock will compulsorily be deleted on February 13, 2025.
3- Do passive fund managers (mainly Nifty 50 and Sensex) need to make any adjustments (actual buying or selling) on Jan 06, 2025?
· No- The end of the day index weightages file will automatically get adjusted to the free float market-cap of existing constituents plus ITC Hotels.
· There will be churning or weight distribution (actual buying or selling) amongst other member constituents once ITC Hotels starts trading and get excluded on Trading plus third day. So actual churning will happen on ITC Hotels exclusion day (in future).
4- How will global indices react?
Implementation in the MSCI Indexes -
Based on estimates, ITC Hotels is expected to meet the criteria for inclusion in the MSCI Global Small Cap Indexes. As a result, ITC Ltd. will remain part of the Standard Index. However, following the listing of ITC Hotels, the hotel business will be moved to the Small Cap Index and will no longer be part of the Standard Index.
MSCI intends to apply a Price Adjustment Factor (PAF) to the market price of ITC on January 06, 2025 to reflect the spin-off. The PAF formula will be as follows: [P(t-1)] / [P(t)].
Since ITC HOTELS is not expected to start trading on the ex-date, MSCI intends to temporarily add a detached security ITC (DET) to the MSCI Global Standard Indexes as of close of January 06, 2025 (effective January 07, 2025). The price of ITC (DET) will be calculated by taking the difference between the closing price of ITC on January 03, 2025 and January 06, 2025. MSCI intends to maintain ITC (DET) at this price until ITC HOTELS begins trading.
When ITC HOTELS starts trading, MSCI intends to apply a PAF to the market price of ITC (DET) based on terms of spin-off. Thereafter, MSCI intends to delete ITC (DET) from the MSCI Global Standard Indexes as of the close of the first trading day of ITC HOTELS using the closing market price of ITC HOTELS. Simultaneously, MSCI intends to add ITC HOTELS to the MSCI Global Small Cap Indexes as of the close of its first trading day.
Implementation in the FTSE Index
As per the current methodology, the stock (ITC Hotels) will be excluded if it does not list within 20 working days after the Record Date of the demerger. We will keep you updated in case FTSE makes any official announcements regarding this. Based on my general understanding, there should not be any exclusion of ITC Hotels.
5- Will ITC Hotels be added in weight calculation in key passive indices like i) Nifty 50 Index, ii) Sensex Index and other broader Indices ?
BROKERAGE PICKS FOR 2025
MOTILAL OSWAL TOP PICK-JSW ENERGY TP, 816, Upside Potential +27%
ICICI SECURITIES-PICKS FOR 2025
Services, consumption (largely discretionary) and healthcare – Bharti Airtel, Indigo, ITC, M&M, Infosys, Kajaria, Signature global, Lemon Tree, Aurobindo, Piramal Pharma.
Industrials – L&T, BHEL, Tata Power, NTPC, JSW Steel, JSPL, Ambuja, GAIL, HPCL, Navin Fluorine, Solar Industries.
Financials - HDFC Bank, SBI, Bajaj Finance, SBI Life, Angelone.
AXIS CAPITAL-PICKS FOR 2025
Tata Motors, M&M, SBI, HDFC Bank, IndusInd Bank, Indian Bank, AU Small Finance Bank, PB Housing Finance, HDFC AMC, Shriram Finance, SRF, PI Industries, Varun Beverages, GCPL, Nykaa, Vedant Fashions, Devyani International, NTPC, JSW Energy,L&T, ABB, Siemens,Wipro, Tech Mahindra, Aster DM, Glenmark Pharma,IPCA Labs, Ultratech Cement, JK Cement, Hindalco, Bharti Airtel
Today's action in markets shows that undervalued stocks have performed great and are likely to perform so.
Focus on these 3 stocks:
Manoj Vaibhav PE 15.3, 16.58%⬆️
KNR Construction PE 8.77, 8.20% ⬆️
Ashoka Buildcon PE 9.88, 6.61% ⬆️
It seems that value buying is back. We need to change according to the situation.
Sunteck Realty
- Development Pipeline with key launches in MMR with high GDV potential
- Dubai Expansion, Luxury residential project with ₹4,500 Cr GDV
- MMR Focus with Aggressive pre-sales targets in high-demand areas
One interesting company i will share with you all
Читать полностью…
Don't miss this golden opportunity
Ratnaveer Precision
Market Cap₹ 994 Cr.
Current Price 187
Stock P/E: 25.1
•ICICI Securities has initiated coverage:- Target price of 245•
••Implementation of a 2 phase capital expenditure plan••
A. Phase 1 is 80% complete and is expected to be operational on 1 Jan, 2025.
B. Land for phase 2 has been identified. Implementation will begin in Jan, 2025.
-Ratnaveer has raised 95 cr through a preferential allotment of equity share and warrants for business expansion and long term working capital requirement.
-Company aims to improve its bottom line in future
- Company expects margins to expand YoY
-Company is expecting continued revenue growth in future
-Ratnaveer is looking to expand its business presence in other countries by partnering with local companies to diversify it's product lines and markets.
-Company is committed to invest in brand building
•Why stock fall 32% from its ATH 274?•
-Because company had planned to raise additional 325 cr through preferential allotment route. It had some inorganic growth options ( Acquisitions) in mind at that time but it didn't find any right opportunity. So it withdrew the plan. Stock plunged 32% post this development.
-But company's growth is intact. Only inorganic growth( Acqusitions) may have got delayed, but the organic growth story is very strong.
-Post correction stock is available at very attractive valuation. Also it's at very strong support and there is a very strong possibility of rebound from here.
•Key Risks•
-Availablity of raw material
-High competitive environment
-High working capital requirement
-Slowdown in industrial Capex
Credit : thealpha10x
More interesting info must join
@fundamental3
𝐒𝐭𝐨𝐜𝐤𝐬 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐇𝐢𝐠𝐡𝐞𝐬𝐭 𝐅𝐈𝐈 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬!📊🎯
1.IIFL WEALTH MANAGEMENT
FII Holdings-65.6%
2.IXIGO
FII Holdings-59.8%
3.REDINGTON
FII Holdings-58.0%
4.MAX HEALTHCARE INSTITUTE
FII Holdings-57.3%
5.HDFC BANK
FII Holdings-48.0%
6.ICICI BANK
FII Holdings-46.2%
7.APOLLO HOSPITALS
FII Holdings-45.4%
8.TBO TEK LTD.
FII Holdings-43.1%
9.COFORGE
FII Holdings-42.1%
10.AU SMALL FINANCE BANK
FII Holdings-40.7%
11.CROMPTON GREAVES CONSUMER ELEC.
FII Holdings-36.0%
12.MAHANAGAR GAS
FII Holdings-34.2%
India Precision Engineering Theme
Precision engineering is a specialized field of engineering that focuses on designing, developing, and manufacturing products with extremely high accuracy and tight tolerances
Market Size -
USD 13.07 billion in 2022 and is expected to grow at a CAGR of approximately 6.8% from 2023 to 2030, potentially reaching around USD 22.05 billion by 2030
Companies in this space -
Jyoti CNC -
Co. is a leading manufacturer of simultaneous 5-axis CNC machines in India, with a 10% market share in the country.
Azad Engineers -
Co. is a manufacturer of aerospace components and turbines and supplies its products to original equipment manufacturers (OEMs) in the aerospace, defense, energy, and oil and gas industries
Balu Forge -
Co. is engaged in the manufacturing of fully finished and semi-finished forged crankshafts and Forged Components. It has the capability to manufacture components conforming to the New Emission Regulations & the New Energy Vehicles
Harsha Engineers -
Co. is a leading engineering company that offers a diversified suite of products across geographies and end-user industries
Gala Precision-
Co is a manufacturer of precision components such as disc and strip springs (DSS), coil and spiral springs (CSS), and special fastening solutions (SFS)
-------------------------------
Dis - Not buy/sell recommendation, for education purpose
Negative numbers does not mean, the co is not doing well, it may be turnaround story. Do detailed research to generate good results.
Detail analysis on One company today
Stay tuned 😊🙏🏻
CITI opens 90 days +ve catalyst watch on Kotak Bank & Bajaj Finance
Kotak Mahindra Bank
Upgrade to BUY
TP Rs2070 from Rs1940
Sustain loan growth momentum; PL with improved delinquency trends to gather pace
Credit cost expectations already set in higher
Tweaking medium-term growth with relatively low beta, we revise TP
Lifting of regulatory restrictions will be key trigger.
Bajaj Finance
BUY TP Rs8150
Expect loan growth stability, positive NIM bias and only a marginal rise in credit cost
Key triggers:
i) Post credit cost guidance revision in 2Q to 2.05% for FY25; we expect only a marginal uptick in 3Q credit cost to 2.20-2.25% (initiated risk actions by cutting segments, pruning exposures).
ii) Despite rising stress and run-down of captive 2W/3W financing, we expect AUM growth of 6% QoQ/27% YoY, drawing support
iii) With CoFs peaking in 2Q and growth led by high-yielding segments, we expect positive NIM bias (up 3-5bps).
iv) Mgmt transition update will be critical, with our assessment leaning more towards the executive role of Rajeev Jain at BAF/Bajaj Group level
APL Apollo Tubes
#APLApollo
Record sales volumes for #Q3FY25
Highest ever sales volumes
Q3FY25 volumes at 8,28,200 tons vs 6,03,659 tons in last Q3
Q2FY25 volumes were 7,58,267 tons
Almost 40% up YoY
9% up QoQ
✍️Sector Focus - Power
🔖Power Generation
Renewable energy capacity will grow at 21%, while thermal energy will grow at 6% annually and to achieve, it requires ₹30 lakh crore investment.
In India's total energy mix, Renewables energy is set to rise from 41% (FY-23) to 61% (FY-30). This also includes adding 125 GW of renewable energy to support the green hydrogen ecosystem.
🌞Soalr energy Producers
💠Adani Green Energy Ltd
💠KPI Green Energy Ltd
💠NTPC Green Ltd
💠JSW Energy Ltd
💠Tata Power Ltd
🌞Soalr energy Equipment
💠Premier Energies Ltd
💠Waaree Energies Ltd
🌞Soalr energy Equipment – SMEs
💠APS Ltd
💠Solex Energy Ltd
💠Insolation Energy Ltd
🌞Soalr energy EPC Players
💠Waaree Renewable Tech Ltd
🌞Soalr EPC Players - SMEs
💠Bondada Engineering Ltd
💠Oriana Power Ltd
💨Wind energy Producers
💠Inox Green Energy Ltd
💠KP Energy Ltd
💨Wind energy Equipment
💠Inox Wind Ltd
💠Siemens Ind Ltd
💠Suzlon Energy Ltd
💨Wind energy EPC Players
💠Inox Green Energy Ltd
🔖Green Hydrogen
In India, domestic green hydrogen demand is projected at 2 MTPA by FY-30 (which is below the target of 5 MTPA due to high production costs) with capex opportunity of ₹10 lakh Cr by FY-30 across the GH2 value chain
The capex can be spread as ₹4.5 lakh Cr for renewable energy, ₹4 lakh Cr for ammonia production and ₹2 lakh Cr for electrolyzers
♻️Green Hydrogen Stocks
💠L&T Ltd
💠RIL Ltd (Reliance New Energy Ltd)
♻️Green Hydrogen – Electrolysers
💠Advait Infra Ltd
💠Cummins India Ltd
💠Waaree Energies Ltd
♻️Green Hydrogen Stocks – Proxy
💠Anuph Eng Ltd
💠Kirloskar Brothers Ltd
🔖Power Transmission
National Electricity Plan aims to target peak demand of 458 GW by 2032 with a massive investment of 9.15 Lakh Cr
Transmission network capacity expansion from 4.9 to 6.5 lakh km
Inter-region electricity transfer capacity rising from 119 to 168 GW
Transformer capacity increase from 1,277 to 2,412 GVA (11.2% CAGR)
⚡️Power Transmission Stocks
💠GE Vernova Ltd
💠KEC International Ltd
💠Skippers Ltd
💠Techno Electric Ltd
💠Trans rail Lighting Ltd
⚡️Power Transmission Stocks - SME
💠Rajesh Power Ltd
💠Viviana Power Ltd
⚡️Transformer Stocks
💠CG Power & Ind sol Ltd
💠Hitachi Energy Ind Ltd
💠Schilchar Tech Ltd
💠Transformers & Rectifiers Ind Ltd
⚡️Transformer Stocks - SME
💠Danish Power Ltd
⚡️Transformer Stocks – Proxy
💠Apar Ind Ltd
⚡️Transformer Stocks – Proxy SMEs
💠Jaybee Laminations Ltd
💠Vilas Transcore Ltd
💠Yash High Voltage Ltd
· Yes – ITC Hotels will be 51st constituent in Nifty50 and 31st constituent in Sensex and daily will be considered in weight calculations of Index. However as it is not traded live so its market-cap and price will remain constant until it lists. Post its listing for three trading days, live market-cap will be considered to calculate weight in all the indices.
6- Any tentative day of ITC Hotels Listing ?
· There is no concrete listing day yet and it may take few weeks’ time to get all the listing approvals. ITC Hotels being carved out from one of the biggest giants so we expect the listing process should be fast tracked and quite likely ITC Hotels may be listed in a month’s time (or even earlier). We will keep you posted.
Three prominent recent instances-
· Jio Financials : The business got demerged from Reliance Ind and post record date it took almost 33 days for the listing
· Piramal Pharma: The business got demerged from Piramal Enterprises and post record date it took almost 45 days for the listing.
· NMDC Steel: The business got demerged from NMDC Ltd and post record date it took almost 4 month for the listing.
7 – What will be the domestic passive selling in ITC Hotels?
· I do not wish to create any speculation at this point, and it’s better to wait for the ex-date on January 6, 2025, to gain a clearer understanding of the tentative pricing for ITC Hotels. Any which ways any selling in ITC Hotles will only happen once it lists and that happen by mid of February (our estimate).
8 - Alongside on listing will Indian Hotels automatically be introduced in derivatives?
· No – As per the current methodology, a stock needs to have at least six month trading history to even qualify for derivative inclusion. After fulfilling all the quantitative qualification criteria for the derivative inclusion , the stock will need SEBI approval (which is quite subjective).
9 - Fundamental valuation of ITC and its various businesses -
· On January 6, 2025, the ex-date for the demerger, ITC's share price is expected to be adjusted by INR 22-25, reflecting its 40% stake in the hotel business and incorporating a 20% holding discount. According to our FMCG team (Abneesh Roy), the adjustment is expected to be INR 18 per share (Refer below table) .
· In addition, based on discussions with multiple market participants, we anticipate that the initial market price for ITC Hotels shares will range between INR 150-175 per share.
ITD CEMENTATION IN FOCUS
ITD CEMENTATION: CO SET TO WIN RUPEES 1,648 CR WORK FOR VADHVAN PORT - ET INFRA
7 "Defence sector" stock picks by Antique stock brokers
Читать полностью…
Short term trading , positional trading
And learning priceaction join now @wealthcreator7
Stock SIP, long term investment don't miss to join @stocksip
Corporate update, quaterely result, management guidance @companyupdate
Daily one company Fundamental analaysis in detail daily
@fundamental3
US STOCK Chart study for more detail visit
@Us_stock3
Order Book, capex and stock information in detail @stockinfo33
Stock market statics and information @stockinfo3
All IPO Updates Live @ipoinfo3
All conference call and detail stock study @nilfaldu
ATMASTCO- FUND RAISE & OUTLOOK
↗️Atmastco is in biz of EPC, Turnkey Projects ( Ferrous, Non-Ferrous), Structural Steel Works & Industrial Engineering
↗️Has Technical tie-ups with SIC Italy, Maertz, Ducon USA
↗️Caters to sectors like Steel, Power, Railways, Cement
↗️Co is venturing into Defense for mfr of Bullet Proof Jackets/Helmets ( samples already approved by DRDO). Production got delayed due to funds crunch.
↗️ Co coming out with P Offer in which promoter too putting 20 Cr
↗️We estimate Defense plant to start in Q2FY26
↗️FY26E Rev 650 Cr PAT 55 Cr
↗️An attractive Buy as Defense stocks tdg @ 30-100 PE
UNDERVALUED Potential MULTIBAGGER stock:
DEEP Industries
CMP 551
Market Cap₹ 3,524 Cr.
Stock P/E 25.5
••Growth Triggers••
- Production Enhancement Contracts(PEC) worth 1402 cr with ONGC for 15 years. It will contribute to revenue from FY 26 onwards
- Strong order book of 2622 cr in FY 25 and a bidding pipeline of 800 cr.
-High Margins are likely to sustain or increase
••Future Growth Expectations••
-35-40•% growth for next 2-3 years.
Sectors that look interesting for 2025:
1. Hotels
2. Platform businesses (not the popular ones)
3. Lab Grown/Regional Jewellers
4. Hospitals
5. Corporate backed NBFCs
6. Entire Transmission theme (from conductors to towers)
7. Capital good suppliers for Data centre build out globally
8. CDMO/CMO- Pharma
9. B2B Distributors who are gaining scale by acquiring
10. Pre engineered buildings
11. Real estate
12. Investment bankers
13. Value retail
14. SAAS businesses listed in India
Disclaimer: these are sectors where growth rates are much faster than the nominal GDP growth.
ORDER BOOK > MCAP ✅
1. #GENUSPOWER
MCAP - 13020
ORDERBOOK - 31776
2. #POWERMECH
MCAP - 8917
ORDERBOOK - 58067
3. #GENOSOL
MCAP - 2957
ORDERBOOK - 9055
4. #CAPACITE
MCAP - 3654
ORDERBOOK - 9203
5. #JKIL
MCAP - 5942
ORDERBOOK - 18721
6 #ASHOKA
MCAP- 8239
ORDERBOOK - 11104
Sectors That Could be Winners in 2025
👌 Co-Working Space
👌 Pre-Engineered Building
👌 Private Banks
👌 Waster Water Treatment
👌 Data Center
👌 Transmission
👌 Premium Alcohol
👌 Luxury Goods
👌 Auto Ancillaries
👌 Battery Chemical
👌 EV Batteries
👌 CDMO
Transrail Lighting Ltd.
Integrated EPC company specializing in power infra, transmission towers, poles, and conductors.
- FY24 Revenue ₹4,076 Cr | 95% from EPC contracts | 59% export-driven.
₹10,100 Cr order book, 35% capacity expansion planned
Discover the Top picks of High Growth, Low PE companies in the SME and Microcap segment
📌Sectors covered based on FY26 valuations in Set 11:
🔸Re-commerce
🔸Heat Exchanger (Nuclear power)
