Thirumalai, Monthly - Breakout and a re-test of the 2018 highs of 200-220 levels. 240 is a bit of a hurdle so 220-240 can be a good accumulation zone. Fundamentally have discussed few times earlier in this thread as well as the company thread. The nal se jal and related mission will be a big tailwind here, along with the paints demand and with ADD imposed last year. Margins may remain volatile between quarters but yearly numbers should be on an upward trajectory next 2-3 years
Deepak Fert, Weekly - Appears breaking out of a 6 month downtrend with decent volumes. Fundamentals discussed in detail in the company thread. It has continued to remain cheap but again holds a lot of promise for next 2-3 years with the ambitious capex.
Time Technoplast, Monthly - Chart and valuations looked very good. The numbers have been on a declining trend last 3 years or so but appears to be turning the corner. What I find exciting is the R&D focus in this business. They have come up with some innovative products like intermediate bulk containers for transportation of corrosive chemicals over rough terrains, carbon fiber reinforced composite cylinders for LPG distribution (we still use those rusty, corrosive cylinders for LPG) and also for CNG vehicles like autos, cars and buses (company already has approval for use of this on-board vehicles), MOX films etc. At this price, probably not much to lose?
Bajaj Hindustan, Monthly - Another stock that has undergone 6 month consolidation and appears to be set to breakout. Fundamentals discussed earlier in the thread here. Still think the valuation has the worst in the price and there are a lot of ways things can go right here. Probably not much to lose.
Disc: Rebuilding positions in Thirumalai, Deepak and Bajaj Hind. Fresh position in Time Techno. No expert, just a novice.