The Promotor has been on a buying spree since March 2025, hasIncreased his stake by 2%.
Infact he was buying until the week before the Quarterly results, a brief pause due to Inside Trade restriction during result & has now resumed buying. Bought Yesterday & Today as well.
In the past, Promotor has brought Aug 2021- Sep 2022 - Price went 4X in a year . Sold Sep 2023
Again, has been buying since March 2025- Until now- Past 3 quarters’ results have been great.
All Credit to @Tar
Halt in exports: Egg prices come down to Rs 3.5 apiece in Namakkal
At the peak in December 2025 the prices were 6.35, which fell after the festive season. However, they have fallen even further, below 4, due to the ongoing war, which has led to an export halt in Gulf countries.
This augers extremely well for SKM eggs. Lower domestic egg prices help them since “whole egg” is by far their highest cost.
Also, Depreciating INR helps them.
Also, it looks like Vietnam, followed by Indonesia, now contributes higher export over Japan.
Very good set of no’s… Announced very large capex as well… but it seems that market didn’t liked the results…
@Sandesh1893 or any other member who understand this company fundamentally well, kindly comment on the results and also the capex announcement.
Please don’t read much into today’s reaction. We know that operators are playing such games. Many companies after declaring fanstatic results are facing same debacle. What matter is your own conviction.
Having said that let me point out some tit bits which may have induced the fall. Results are not anything to write about if you see numbers QOQ. Another thing which may have spooked is large capex. This is very large compared to size of the company. And big debt announced may be a dampner. Another reason may be the merger of associate company.
1st ever Conceal and a Video upload.
An update was shared today-
Interesting bit-
The company qualifies for a 3% interest subvention from the Ministry of Animal Husbandry.
Internal reserves earning 7.5% to 8% in deposit investments.
Ref the price action post result.
Almost 50% of the free float was traded on that day. If we look at the bulk/Block deal, 50% of that float was traded by Algos.
“Almost 50% of the free float was traded on that day. If we look at the bulk/Block deal, 50% of that float was traded by Algos.”
From where I can get such information?
Daily Volume, compare it with the free float.
Algos: check bulk/block deals for that day (Screener, Most are registered as DII’s but if you click on them, you can see they buy and sell on the same day.)
