I valued Rajesh Exports in April and found it to be undervalued at a trading price of ₹521.50. I bought the stock at that price and since then the stock grew at near the index’s rate of return. They released their Q4 results this past week and I took another look at their valuation with… Continue reading Rajesh Exports – II
Category: Vi
“Price is what you pay; value is what you get.” – Ben Graham
RITES Limited – II
I valued RITES last month and found it grossly undervalued. It had been a stellar month since then, the stock growing by 15%. They released their Q4 results today and it looks like they have recovered from the COVID shock. I took another look at the valuation with the updated numbers, keeping the story the… Continue reading RITES Limited – II
GAIL (India) – II
I valued GAIL (India) back in April and arrived at an intrinsic valuation of ₹178.60. Since then, the stock has rallied tremendously and made 20% in little under two months. They released their Q4 numbers today and I took another look at the valuation keeping my story the same. Numbers and Narratives Gail (India) is a… Continue reading GAIL (India) – II
Redington (India) – II
I valued Redington (India) last month and found it to be grossly undervalued. I had bought the stock then and it had been a stellar month for the stock with a growth of about 8%. They had released their Q4 results yesterday which had exceeded expectations and the stock hit the upper circuit today. My… Continue reading Redington (India) – II
Federal Bank – I
I decided to value Federal Bank due to its recent tie ups with neo banks and fin-tech startups. It has been trying to gain market share and make headway into the urban millennial segment through this inorganic growth. Numbers and Narratives Federal Bank is an up and coming bank still very much in its growth… Continue reading Federal Bank – I
Granules India – I
I first valued Granules India last month based on my screen for high growth companies with low P/E ratio. I found it overvalued by about 25% at the trading price of ₹341.30. The stock stayed flat over the last month and I chose to value it again after the stellar FY21 results. Numbers and Narratives… Continue reading Granules India – I
RITES Limited – I
As with Avanti Feeds and Rajesh Exports I picked RITES Limited from the screen of low debt, high growth companies with low P/E ratio. Numbers and Narratives RITES Limited is an engineering consultancy company specialising in transport infrastructure. It earns its revenues primarily through consulting and turnkey projects. A majority of its customers are government and public… Continue reading RITES Limited – I
Rajesh Exports – I
As with Avanti Feeds, I picked Rajesh Exports from the screen of low debt, high growth companies with low P/E ratio. Numbers and Narratives Rajesh Exports is the world’s largest gold company with end-to-end prescense in the value chain of gold. They had a topsy turvey revenues growth over the last 5 years, even though the… Continue reading Rajesh Exports – I
Redington (India) – I
I came across Redington as I was searching for companies that would indirectly benefit by increased penetration of Apple in the Indian market. Numbers and Narratives Redington (India) is a leader in IT product distribution business. It operates primarily in India, Middle East and Africa. I expect the company to continue its robust growth due… Continue reading Redington (India) – I
GAIL (India) – I
I chose to value GAIL (India) through my interest towards companies contributing to the natural gas economy. The screen was basically my hunch that companies in this value chain will grow as we transition to a greener economy. Numbers and Narratives Gail (India) is a major player in the natural gas value chain of India.… Continue reading GAIL (India) – I