Hi @mayank_raghuwanshi Strides has guided for 20-22% margins. While OneSource will be demerged and get listed, we shall get about 1/3 value in that form. So excluding OneSource, Stride’s market cap will be ~8k crore. I expect Strides excluding OneSource to report 400 crores of profits. Hence, Strides is available at 20PE FY25 post demerger (whenever that happens).
After I bought stock has already runup 15-18% in a very short time. My conviction on Pharma and Chemicals is not that strong so I may not rampup or exit anytime.
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Sir do you think mapmyindia is going to face any problems in it’s existing or potential business opportunities because of the alleged stealing of its map solutions by ola?
@HarshVijay competition is always a concern. I feel Ola or any other map company can be a competition if they can create large user base. A large user base shall help improving map, keep real time updates etc.
As of now, MMI seems to have edge owing to its inroads to OEMs. Ola being an OEM itself may not be able to garner auto OEMs as it always creates doubts for another auto OEM.
Ola has mass scaled only two wheelers. So two wheeler may be the area where MMI faces a threat. However, as per my understanding this might be small business for them.
Nevertheless, Ola can be a bigger threat in consumer and enterprise if they have good products. Their two wheeler fleet can result in good data and its likely they garner some delivery related areas (amazon, zomato etc.).
Definitely an area to keep an eye. MMI is there for decades now so it may not be cake walk for Ola either.
Risks are to be managed with allocation and opportune profit takings.
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Sir can you please share your latest portfolio… Its always interesting to read about your stocks…