Please check the Goodrick Group, one of the largest producers of tea. The price of tea has almost reached an all-time high set in 2020.
Have always found Digant Haria insightful and original.
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Hi, Can i get this report. I’m not able to open this link
ICICI Equity Valuation Index
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What are you guys thinking about the cement industry. Been hearing a lot about how the bottoming out has already happened due to raw material prices stabilizing. Also, demand increasing since the election year is over. However the recent rise in petrocoke prices makes me uncertain.
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For cement industry, best to focus on valuation range without worrying too much about profitability cycle. The industry is getting concentrated and has fairly high degree of cooperation. They will take price hikes whenever cost push happens to maintain margins.
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Hi All,
I am self taught investor, trying to learn how to screen stocks and find potential quality stocks. While trying to filter down some stocks, I found out National aluminium, the PE is at 8 the cheapest in industry, company has highest opm 46%. Zero debt compared to its peers. Can anyone help me understand why it is trading at such cheap multiples?
Although P/S is highest among its peers. Thanks in advance, looking forward to interact and learn from you.
It’s very common for Cyclical businesses specially which are PSU