@hitesh2710 bhai. Two questions?
(1) Do you find any red flags with regard to the cash flows? I find that all through that the company has operating cash flows of 80% of the PAT. However, we cant expect FCF from these companies as they are re-investing. In any case presently the ROCE is 37% (mgt claims, but my rough calculation comes to 32%, which is fine either ways).
See this tweet - Am I missing what the learned are seeing
(2) Ambit capital which was showing 11.68% for June 2020 quarter is not showing in September 2020. Offloading such huge stake is a big concern.
Also to add. Is the offloaded stake with the public now?. Any ways to find this out
Disc: Invested