Info Edge (India) Ltd Showing Strong Up-Side MomentumStrong operating businesses
Strong Operating Cash generation year with a run- rate of c1000 Cr plus (pre Tax) annually and growing.
Negative working capital due to advance subscription fees (Rs 925 cr as on 31/12/23)
Asset-light business models
"Zero" Debt.
Well Defined approach towards Financial Investments
AIF structure for eventual and self-sustained independent financial investment business.
Partnered with reputed Sovereign Fund (Temasek Holdings).
AIF contribution commitment is currently pegged at ~USD 212.5m
Funds created with a term of 12-14 years.
Established Dividend payout track record.
Formal dividend policy of paying 25%-40% of standalone cash PAT.
Track record of consistent dividend payout for last 16 years. Paid 28% of cash PAT as dividend till date.
Info Edge is India’s premier online classified company with a portfolio of brands. It owns various brands in different fields like naukri.com (online recruitment), 99acres.com (online real estate), jeevansathi.com (online matrimonial) as well as shiksha.com (online education information services). It also acts as an investor and has invested in many start-ups in the online space and is actively growing its investment portfolio.
Company is almost debt free.
Company has delivered good profit growth of 55.9% CAGR over last 5 years
B2B revenues (as on date) comprise ~90% of overall Naukri revenue and includes:
Resume database access (Naukri & iimjobs)
Job Posting (response management)
Employer branding (visibility)
Application tracking tools (Zwayam)
eHire - Resume short listing and Walk-ins
Assessment services (Do-select)
■ B2C includes revenue from
Job seeker services
Career enhancement services (AmbitionBox, Coding Ninjas, Naukri Learning)
Momentum-stocks
#DLINKINDIA is Near to Break Previous All Time High
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 28.0% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 39.8%
Strengths:
Established market position and strong distribution network: D-Link is the market leader in switches and wireless local area network (WLAN) products, with a significant market share. In fiscal 2019, the company introduced a series of high-end products for its enterprise business, including unmanaged long-term power over ethernet (PoE)/PoE plus switches; new generation layer 3 stackable managed switches with advance hardware and software enhancements for better performance, flexibility and ease of management; and industrial grade switches. D-Link has invested in state-of-the-art support infrastructure for both consumers and enterprises, which includes 10 D-Link-owned service centres with more than 50 experts in tier 1 cities, over 23 partner service centres with more than 40 experts in tier 2 / tier 3 cities, partner collection points in more than 105 cities and logistical support in over 190 cities. D-Link Technical Support Centres (DTSC) are manned by over 30 highly skilled engineers providing L1 to L3 support for all retail and enterprise customers.
Healthy financial risk profile: Networth was Rs 363 crore as on March 31, 2023, and is expected to increase over the medium term because of steady accretion to reserves and absence of debt repayment. Return on capital employed improved to 36% in fiscal 2023 as profitability increased. In the absence of any debt-funded capex, the financial risk profile is expected to remain healthy over the medium term.
Weaknesses:
Exposure to intense competition and risks inherent in the networking industry: D-Link mainly operates in the home and small and medium enterprise segments of the networking industry, where profitability is lower than that in the institutional sales segment. The latter is dominated by Cisco India and other new entrants. Profitability in the retail segment is constrained by intense competition and commoditised products.
Susceptibility to volatility in input price and currency: Copper, the key input for manufacturing cables is an open market commodity traded globally on exchanges, leading to volatility in its prices. Furthermore, fluctuations in currency also impact profitability, as the company imports about 30% of its traded products. Complete and immediate passing on of cost increases is difficult given the competitive pressure. The company experiences lag of 45-60 days in passing on price hikes. Hence, the operating margin will remain susceptible to fluctuations in raw material prices and currency. D-Link hedges currency exposure up to 70% of the total exposure by entering forward contracts.
Liquidity: Adequate
Cash accrual, expected at Rs 65-75 crore in fiscals 2024 and 2025, will support liquidity in the absence of any capex or debt obligation. Unutilised bank limit of Rs 10 crore will be adequate to fund the company’s fixed expenses. Cash surplus is expected to remain healthy over the medium term.
#NHPC Company has been maintaining a healthy dividend payout of 49.5%
The company is actively engaged in the construction of 15 Solar and Hydro Power Projects of 10449 MW Capacity (including JV & Subsidiaries). Total projects under clearance stood at 4112 MW and projects under survey stood at 4110 MW as on Dec’23.
MOUs
Company has signed a MoU on 3 Jan 2024 with GPCL for proposed investment of Rs.4000 Cr in Kuppa Pumped Storage Project (750 MW), Chhota Udaipur, Gujarat.
Company signed an MOU with Govt. of Odisha through GRIDCO Limited on 23 Jun 2023 for Development of Pumped Storage Projects and Renewable Energy in the State of Odisha.
It signed an MOU on 23 Aug 2023 with APGENCO for Implementation of Pumped Hydro Storage Projects and Renewable Energy Projects under Joint Venture Mode in Andhra Pradesh. The MOU envisages Implementation of two Identified Pumped Hydro Storage Projects namely Kamlapadu- 950 MW and Yaganti 1000 MW PSPs in the first phase.
Focus
Being a hydro power company shifting its focus toward the renewable energy segment as well. Out of 10499 MW capacity under construction 1135 MW is for Solar power. It has recently signed a contract to develop additional 2000 MW solar power capacity in Rajasthan. About 9090 MW Solar power capacity is under Tender and pipeline including as a Intermediary Procurer.
70% UP IN 2 MONTHS: AMAZING STRATEGYHELLO FRIENDS!
Analyzed this stock 2 months back in my videos in my channel. Worked perfectly as per the analysis. Target is 300% which I assume may hit in 2 months.
Logic behind this trade is Stock was facing resistance of the trendline for a long time. In the third attempt in June it broke the trendline. Another logic is the stock had given breakout above the 50ma band and sustained above that for so long, which indicates bullishness of the stock and the entry of BIG BOYS.
One can notice the increasing volume bars too, which is proving the bullishness.
Entry was confirmed by the trendline breakout.
Captured 77% till today and we'll wit for the target with railing stoploss.
All levels are provided in the chart which explains everything.
I hope you all understand the logic behind the trade and will learn it.
KZR - Bullish Divergence Found. Possible Change In MomentumKezar Life Sciences, Inc. is a clinical-stage biotechnology company, which discovers and develops novel small molecule therapeutics to treat autoimmunity and cancer. The firm specializes in the areas of protein degradation and protein secretion to discover & develop novel therapies for the treatment of serious and unmet medical needs. Its product include KZR-616, an immunoproteasome inhibitor, has completed testing in healthy volunteers. The company was founded by John Fowler, Christopher J. Kirk and Jack Taunton on February 20, 2015 and is headquartered in South San Francisco, CA.
SHORT INTEREST
1.12M 08/15/19
P/E Current
-1.50
P/E Ratio (with extraordinary items)
-2.32
Average Recommendation: BUY
Average Target Price: 24.33
AIRI- BULLS HERE, But For How Long ?Air Industries Group is an aerospace company, which engages in the manufacture and design of structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components. It operates through the following segments: Aerostructures and Electronics, Complex Machining, and Turbine Engine Components. The Aerostructures and Electronics segment includes a range of products from basic sheet metal components to integrated electronic assemblies and aircraft structures. The Complex Machining segment produces critical machined components and assemblies fabricated from hard metals, such as Inconel, titanium, and 300M. The Turbine Engine Components segment provides turn-key welded solutions. The company was founded in 1979 and is headquartered in Bay Shore, NY.
P/E Current
-3.07
P/E Ratio (with extraordinary items)
-3.17
SHORT INTEREST
5.75K 07/31/19
Average Recommendation: BUY
Average Target Price: 2.00
PGNX - Bullish Momentum Found - Bullish RSI SeenProgenics Pharmaceuticals, Inc. engages in the development of medicines and other products for targeting and treating cancer. Its pipeline includes therapeutic agents, imaging agents for prostate cancer, and imaging analysis technology. The company was founded by Paul J. Maddon in 1986 and is headquartered in New York, NY.
SHORT INTEREST
10M 07/31/19
P/E Current
-4.44
P/E Ratio (with extraordinary items)
-4.23
Average Recommendation: BUY
Average Target Price: 9.38
LYTS - Bullish Trend - Can It Reach Next Level?LSI Industries, Inc. provides corporate visual image solutions through the combination of digital and screen graphics capabilities, a variety of indoor and outdoor lighting products, lighting control systems, and related professional services. It operates through the following business segments: Lighting, Graphics, and Corporate and Eliminations. The Lighting segment manufactures and markets outdoor and indoor lighting for the commercial, industrial and multi-site retail markets, including the petroleum / convenience store market. The Graphics segment fabricates and sells exterior and interior visual image elements related to graphics. The Corporate and Eliminations segment includes the company's administrative activities. The company was founded by Robert J. Ready, James P. Sferra, and Donald E. Whipple in 1976 and is headquartered in Cincinnati, OH.
SHORT INTEREST
34.09K 07/31/19
P/E Current
-5.04
P/E Ratio (with extraordinary items)
-5.04
Average Recommendation: BUY
Average Target Price: 6.00
XNET - Bullish Momentum. Still Got Legs To GrowXunlei Ltd. is a holding company, which engages in the research and development of new technologies. It provides Internet platform for digital media content and cloud based technology in China. It offers two core products and services include Xunlei Accelerator and Cloud Acceleration Subscription Services. The company was founded by Sheng Long Zou and Hao Cheng in February 2005 and is headquartered in Shenzhen, China.
SHORT INTEREST
1.21M 07/31/19
P/E Current
-4.18
P/E Ratio (with extraordinary items)
-2.91
TTS - Horrible Year - But Can It Reclaim Losses On This Support Tile Shop Holdings, Inc. operates as a holding company which engages retailing of natural stone and man-made tiles. The company was founded by Robert A. Rucker on June 27, 2012 and is headquartered in Plymouth, MN.
SHORT INTEREST
5.46M 07/31/19
P/E Current
11.57
P/E Ratio (with extraordinary items)
44.83
P/E Ratio (without extraordinary items)
27.33
Average Recommendation: HOLD
Average Target Price: 3.42
$GRBK long, continued momentumGRBK broke through its base today, i'll be watching tomorrow for continued momentum tomorrow, Ideally a swing, but being cautious since this is a low float stock.
Ebay Long Entry OpportunityBounce off support yesterday brings a safe entry opportunity for Ebay at a good support level. Any institutions which are long this stock should be buying up more at these levels; otherwise, capitulation will ensue. I would look for at least a retest of 52.00. We have some bullish momentum divergence on the histogram and stochastic, and with the markets taking a noticeable breather today, Ebay is holding some buying pressure. One would want to keep stops fairly tight, but give it some room to come back and retest actual lows from 11-26. I would think stops around $46 should be enough and still give you a nice Risk/Reward ratio.