Hiteshbhai, Firstly I would like you to compliment on this extremely valuable thread you have created and also for sharing your insights with us genuinely.
Secondly, I have been tracking 2 main themes currently and would love to hear your opinion on them.
1 - Shipping - A lot of Companies, both in the indexes and Broader markets have confirmed this issue and the skyrocketing rates. The rates are climbing and are sustaining even at higher levels and CNBC/JP Morgan state that the problem does not seem to be solved anytime soon. I am also quite bullish on this industry and think that quite some gains can be made. My current watchlist include Shreyas Shipping, GE Shipping and Shipping Corp. Ill be frank here and tell you that I have taken a llittle bit of exposure to Shreyas Shipping at since it has the best fundamentals and Lowest adjusted Valuations out of the 3 and also that Shipping Corp being a PSU. I would love to hear your opinions on this industry and Shreyas Shipping, if you have tracked it.
2 - Steel Industry - I think that there is a lot of steam left in the steel supercycle since India is transitioning into a 5trn Economy along with heavy infrastructure spending for the next few years. Steel prices have corrected a bit, not drastically, but they are still quite high compared to the last 3 years avg price. I have again shortlisted a few stocks to play this cycle out but as a disclosure, have not invested in any of them. Raw Materials/Billets - Godawari Power & Ispat (very hectic recent developments) and Sarda Energy and Minerals. Finished Products - Tata Steel Long, Tata Steel, Mankasia and Scan Steels (Value Play). I would love your opinion on this industry!
Thank you