This, according to me, is likely the case, alot of smaller companies Ive noticed are showcasing CSR. since Sustainability and ESG becoming common jargons recently.
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There are two main reasons behind detailing out on CSR and ESG
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To project a positive outlook for attracting investment esp FII who are predominantly big insurance and pension funds that are very particular about ESG and sustainability. These days even prospective employees are particular about where they work and can help to attract talent
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All the countries have committed to net zero goals and regulations are put in place to meet those. As part of this effort, SEBI has already mandated BRSR (Business Responsibility and Sustainability Reporting) for the top 1000 listed companies and may eventually extend to all in the coming years. Companies have to report agains 3 sections and 7 principles and most companies have already adopted to this format for their Annual Reports. (e.g. Axis Bank)
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Makes sense. Thank you for enlightening me!!
I think, there is also a catch here.ESG is about mitigating a risk ( there r many dimensions through which one can look at the ESG & sustainability).
Nowadays, i noticed, many comanies trying to build a sales pitch around ESG and Sustainability.but according to me , unless underlying business has growth potential ESG alone may not take them anywhere.
I look at the prevailing sustainability enthusiasm around BRSR in this way āif a company is reporting pollution data according to factory act regulation, they r doing it because they have toā
Sustainability initiative is a commitment from the current generation to leave the world in the current if not better shape for the future generations. This comes with huge upfront investment and ROI takes several years if not decadeās especially for a developing world like ours. If thereās no regulatory compliance put in place, companies will not adhere to and hence BRSR and other initiatives.
For an investor it is always the returns one will generally look at and if the companies sustainability record is good, it provides additional sense of satisfaction for the ones who are environmentally conscious
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Is there site where can track the price of major commodities at one place like Iron ore, Steel, Paper pulp, Crude, Other metals, etc?
We can track the commodity and other raw material price in screener.in but itās in premium version.
Chemical prices and itās yields can be tracked from Tijorifinance
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Hi,
Any good capital goods stock at decent valuation for long term
Why do so few companies declare dividends when they already have debt on their books and are on a CAPEX binge? Shouldnāt they prioritise debt reduction or CAPEX investment over dividend?
Related to Inter-corporate Deposits given to Group Companies
As we can see above the promoters have given the personal guarantee for 108 Cr ICD loan
Now since it was promoterās personal guarantee, ICD loan was given to the group company, arenāt promoter liable for it?
how to calculate current portion of the long term debt?
@Worldlywiseinvestors @hitesh2710 Sir if any company is planning to issue warrant than is it good or bad ?
How to analysis that ?
Very context dependentā¦
Warrants often are called insider trading to perfection. As promoters get a leeway to convert in 18months.
I remember Apl promoters issued warrants at 3k crore mcap. Rest is history. Same story with the likes of Rk forge and others at the cusp of an upcycle.
On the other hand, if the business isnāt doing well. Then warrants issuance wonāt count or matter. At the end of the day, business performance counts.
Just over the years my observation has been, that warrants issued by cyclical companies is a big signal. As promoters lock in the price much earlier and the eventual business performance catches up. Leading to share price outperformance.
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Is there any tool or does any brokerage account provide such tool which can help with the below:
- Understand the %age impact of individual shares on you portfolioās performance over a defined time
- How to view onesā portfolio composition on a past date, eg 1st Jan 2023ā¦
- Individual trades if not executed how much they would have impacted the portfolio, eg had i not sold BSE in 2022
It will be mentioned in the Notes to the Accounts and usually shown under Current Liabilities rather than Non-Current Liabilities.
Thank You sir for guiding.
thanks for your guidance
Management guidance & Past history
Is there a source where one could look up management guidances of different companies at one place. I understand that con-calls are a source, however it is difficult to read the con call of each company when someone is trying to screen wheat from chaff at a mass scale?
Also, Is there a way to evaluate how conservative companies were with previous guidances?
Saw Pipe Sector is trading below 20P/E
Re rating of this sector can happen.
If Yes, What will be the triggers
Any indian index or ETF where one can invest in russell 2000 in INR (Similar to Nasdaq etf). Thanks