> 🔶Doms Industries Ltd.
🔹M Cap: ₹8,553 Cr
🔹The company targets revenue growth of 20% to 25% for FY25.
> 🔶Zaggle Prepaid Ocean Services Ltd.
🔹M Cap: ₹3,754 Cr
🔹The company’s guidance suggests a revenue growth of 40-50%.
Add with deep with 40% stop loss for 200% upside with 5 tranches
> www.aasthafintech.com
> # Zomato Insides
Cmp : 160
> #Growth
GOV across all B2C businesses grew 47% YoY – this includes a 27%, 103% & 154% growth in food delivery (@zomato), quick commerce (blinkit) and Going-out verticals, respectively.
Across these verticals, we have crossed INR 50,000 cr of GOV on an annualised basis.
> #Profitability
> Consolidated Adjusted EBITDA was positive for the third consecutive quarter at INR 125 cr.
> guidance of Adjusted EBITDA break-even on or before Q1FY25 for the quick commerce business.
www.aasthafintech.com
Insides of Tata Chemicals
Insides of Tata Chemicals
> Insides of Tata Chemicals
👌🏻 There’s an interesting development at Tata Chemicals.
✍🏻Tata Sons, the holding company of all Tata companies, is required by the RBI to list by September 2025.
> The total market value of Tata Sons’ investments is 16 lakh crore, but due to a holding discount of 50%, it will list at 8 lakh crore.
> What makes this compelling is that Tata Chemicals holds a 3% stake in Tata Sons. After listing, this stake will be worth 24,000 crore.
> Currently, Tata Chemicals has a market cap of 29,000 crore. This presents an interesting opportunity with potentially no downside if the Tata Sons listing proceeds as planned.
✍🏻 In, Tata Chemicals you’re getting an business which having
> Manufacturing Capacity:
a) India:
Company has production units in Gujarat, Andhra Pradesh, Tamil Nadu, and Maharashtra, with an installed capacity of Soda Ash ~1,091,000 MTPA, Bicarb ~150,000 MTPA,
Salt ~1,600,000 MTPA, Prebiotic ~5,000 MTPA, Speciality Silica ~10,000 MTPA
> b) International:
USA unit has an installed capacity of Soda Ash ~2,540,000 MTPA, UK unit: Soda Ash ~400,000 MTPA, Bicarb ~130,000 MTPA, Salt ~430,000 MTPA, and Kenya Unit: Soda Ash ~350,000 MTPA
> Expansion –
The company is expanding its capacity of soda ash in Inner Mongolia. As of H1FY24, soda ash capacity stands at 4.3 million tonnes, with plans to expand to 5.3 million tonnes.
> The expansion will increase the capacity of Soda Ash to 1.85 lacs MT by H2FY24. ~2300 crs is already spent on expansion as planned. It will spend further ~600 crs by March,24.
> The company is further planning to expand capacity of soda ash by ~30%, bicarb ~40% and Silica by 5x. This is planned for ~2000 crs. between FY24-27.
> Tata chemicals Financials
> FY 23-24
Sales – 16,789 Crore
PBT – 2,740 Crore
Net Profits – 2,434 Crore
Book Value – ₹840
www.aasthafintech.com
> ITC LTD.
> PRICE MOVE ₹ 15 (2000) To ₹. 403 (21 feb 2024)
> Mcap Full (Cr.) 5,03,282.71
> Mcap FF (Cr.) 3,57,330.72 (Retailer Holding)
> PE 24.56
> ROE 30.47
(in Cr.) 2023 2022 2021 2020 2019
> Rev : 70,251 | 59,745 | 48,524 | 46,807 | 45,784
> NPM % 26.69 | 25.20 | 26.86 | 32.34 | 27.22
> HOLDING : Public 33,35,813 (SHARES HOLDERS )
> Dividend Declared (₹)
EX Date Amount (₹)
08 Feb 2024 6.2500
30 May 2023 6.7500
30 May 2023 2.7500
15 Feb 2023 6.0000
26 May 2022 6.2500
14 Feb 2022 5.2500
10 Jun 2021 5.7500
22 Feb 2021 5.0000
06 Jul 2020 10.1500
22 May 2019 5.7500
25 May 2018 5.1500
05 Jun 2017 4.7500
30 May 2016 8.5000
03 Jun 2015 6.2500
03 Jun 2014 6.0000
31 May 2013 5.2500
11 Jun 2012 4.5000
10 Jun 2011 2.8000
10 Jun 2011 1.6500
09 Jun 2010 10.0000
13 Jul 2009 3.7000
16 Jul 2008 3.5000
16 Jul 2007 3.1000
03 Jul 2001 10.0000
> Bonus History
Date Ratio
01 Jul 2016 issue 1:2
03 Aug 2010 issue 1:1
21 Sep 2005 issue 1:2
www.aasthafintech.com
Hydrogen combustion engine technology is gradually emerging as a viable solution in the pursuit of sustainable transportation solutions. With governments doing everything to reduce carbon footprints, hydrogen’s potential as a clean and efficient energy source has come to the fore, with companies like Toyota and Honda investing in its development.
Most investments in hydrogen as a sustainable resource have been in the fuel-cell segment, but hydrogen combustion engines are also expected to have the ability to produce zero greenhouse gas emissions. When hydrogen is combusted in an engine, the byproduct is water vapor, sometimes mixed with nitrous oxide, and with continued innovation and investment in the technology, it could become a highly attractive alternative to traditional internal combustion engines, as well as battery-electric and fuel-cell technology.
Some companies like Toyota and Volvo are investing in ongoing research and development efforts to maximize the efficiency of hydrogen combustion engines, and companies like Kawasaki have come up with innovations such as supercharging and direct fuel injection techniques aimed at optimizing performance and range. Although more advancements in hydrogen storage technology need to be made, like high-pressure tanks and solid-state storage solutions, companies are working towards addressing the challenge of hydrogen’s lower energy density compared to traditional fuels.
Toyota has repeatedly shown commitment to providing environmentally friendly mobility solutions. This is exemplified even further in the company’s pursuit of hydrogen combustion engine technology. The company recognizes the needs of customers and markets vary globally, meaning one solution for zero emissions isn’t feasible. Hence, the development of the hydrogen-powered car GR Corolla H2.
Toyota’s H2 hydrogen combustion vehicles:
The GR Corolla H2
The GR Yaris H2
Toyota participated in the Super Taikyu endurance races in Japan to accelerate the vehicle’s development
In the process, it created a 24 percent increase in combustion power, a 33 percent surge in torque, a 30 percent extended range, and a reduction in refueling time from five minutes to just 90 seconds. The 1.6-liter three-cylinder turbo engine featured a high-pressure hydrogen direct injection technology.
The GR Corolla H2 embodies Toyota’s dedication to pushing the boundaries of eco-friendly automotive engineering. With real-world evaluation and digital development ongoing, winter testing is expected in northern Japan.
According to recent developments, Honda’s stance on hydrogen combustion engines has seen a significant shift. Honda is now actively engaged in a collaborative project dubbed HySE (Hydrogen Small mobility & Engine technology). This joint effort is exploring the potential of hydrogen internal combustion for small vehicles.
Honda was initially skeptical about the feasibility of a hydrogen combustion engine for its cars
This initiative has led to the construction of an all-terrain vehicle known as the “HySE-X1”. The project encountered challenges in integrating the hydrogen engine, tank, and other components into a T3-standard chassis, which highlighted the technical complexities involved in the endeavor. Conquering these challenges, the “HySE-X1” was registered into the “Mission 1000” Challenge of the 2024 Dakar Rally in Saudi Arabia.
The car features a 1.6-liter four-cylinder supercharged hydrogen-powered engine, an engine that HySE currently employs in its research activities.
Bosch has been a trailblazer in hybrid powertrain technology with over 40 years of expertise and is set to make another leap, this time, in the realm of hydrogen combustion engines. Leveraging its extensive experience, Bosch intends to introduce a hydrogen combustion engine in 2024.
Revealed at the 24 Hours of Le Mans’ 100th anniversary
Bosch has been developing a comprehensive system that comprises a hydrogen port-fuel injector, hydrogen injection rail, electronic pressure regulator, and electronic engine control unit, for its hydrogen-based propulsion solutions. To facilitate the technology, Bosch joined forces with Ligier Automotive in 2023 to build a prototype hydrogen-based vehicle based on the Ligier JS2 R race car.
This hydrogen-based prototype featured a 3.0-liter biturbo hydrogen engine that produced an output of 563 horsepower and 479 pound-feet of torque, achieved through a reworked injection system.
At the 2022 ACT Expo in Long Beach, California, Cummins showcased its 15-liter hydrogen engine. This engine is Cummins’ innovative answer to the sustainable mobility movement and is built on Cummins’ groundbreaking fuel-agnostic platform. This platform ensures that below the head gasket, engines for different fuel types share largely similar components to provide versatility and adaptability. The company has plans to put this engine into full production by 2027.
It has since achieved impressive early results, the 15-liter hydrogen engine included, surpassing power and torque targets, having achieved over 810 pound-feet of torque and 290 horsepower from the medium-duty engine. In addition to the 15-liter hydrogen engine, Cummins will build a 6.7-liter displacement engine. This underlines the company’s dedication to offering a diverse range of hydrogen-powered solutions.
MAN provides commercial vehicles and engines. It unveiled the new MAN H4576 hydrogen combustion engine at Agritechnica in 2023. Leveraging its extensive experience in the field, MAN Engines has developed the new hydrogen-powered engine based on the proven D3876 diesel engine, with 80 percent of the parts being identical. The MAN H4576 engine is a larger 16.8-liter mill compared to its diesel counterpart’s 15.3-liter engine and delivers 500 horsepower.
The design of the PistenBully 800, the truck that currently utilizes the MAN D3876 engine, is very forward-looking, as it was cleverly designed to facilitate seamless integration with the MAN H4576, with strategically allocated space for hydrogen tanks.
MAN is also known for using hydrogen in conjunction with other fuels such as HVO, as demonstrated by the hydrogen dual-fuel 12-cylinder V MAN D2862 engine that has been powering the wind farm supply ship Hydrocat 48 since mid-2022.
Volvo Group is currently working on an ambitious target to exclusively produce vehicles and services, comprising heavy-duty, medium-duty, commercial, and all kinds of vehicles by 2040, which has led to trying out all forms of sustainability. For trucks and commercial vehicles, Volvo has made a substantial investment in hydrogen technology, focusing on both fuel-cell applications and also utilizing hydrogen as a renewable fuel for combustion engines.
To venture further into the realm of hydrogen combustion engine technology with both feet better planted on the ground, the Volvo Group has initiated a VICE scholarship project, selecting two PhD students to conduct vital hydrogen-based research at the Chalmers University of Technology and Lund University in Sweden. These students will be under employment at Volvo Group, starting from the first quarter of 2024.
Suzuki has been working on hydrogen combustion engine technology, since displaying the 2007 Crosscage concept bike. The company has also released a few hydrogen-powered Burgman scooters since 2010, which have used hydrogen fuel cells to power electric motors. IIn 2023, the company released a hydrogen-powered modified version of the Burgman 400 scooter that uses a hydrogen-powered internal combustion engine compared to the previous hydrogen scooters’ fuel cells.
Suzuki’s involvement in the HySE collaboration with other players like Toyota, Honda, Yamaha, and Kawasaki, is part of what helped in advancing the hydrogen-fueled propulsion for the new Burgman. The prototype’s elongated wheelbase is due to a design aimed at accommodating the hydrogen tank. The company has a focus on studying the functionality, performance, and reliability of hydrogen-powered engines. Suzuki’s efforts towards hydrogen combustion engines will pioneer the movement in the motorcycle industry.
www.aasthafintech.com
🔋MIC Electronics Ltd (Nse : MICEL ) :
Cmp : 42.60
Engaged in the manufacturing of LED Video Displays, high-end Electronics, and Software Development.
🔋Company has developed an electric vehicle (EV) battery charger for e-cycles and two-wheelers.
✍️Company Overview:
🔹Co started its operations with electronic display systems. Later, it forayed into the design and development of telecom products for wireline & wireless communication.
🔹It was ranked 5th in the world at one point in time in the area of true color display.
🔹It has also been a pioneer in the development and implementation of a gamut of products and services in LED Displays, Telecom Software & IT services, and Communication and Electronic products.
✍️Geographical Presence:
🔹Co has subsidiaries in the US and Australia, which provide direct access to North American and Australian markets.
🔹Post InfoSTEP acquisition, Co expanded in the US, exporting 23,000 sets of True Colour LED displays to the USA, Australia, the UK, Saudi Arabia, South Africa, and solar-powered street lighting products worldwide.
✍️Product Portfolio:
🔹MIC’s leading products, essential installations in Sports Stadiums, Transportation Hubs, Digital Theatres, Theme Parks, Advertisements & Public Information Displays.
🔸LED Display Products: Indoor and outdoor displays, end-to-end solutions, and application-specific displays.
🔸LED Lighting Products: Street, railway, solar, industrial, commercial, and domestic lighting solutions.
🔸Batteries
🔸ICT Products: Display, telecom switch, network management, computer telephony, wireless and wire-line telecom equipment.
🔸Oxygen Concentrator: manufacturing and supplying oxygen concentrators with a 10 LPM model.
✍️Revenue Bifurcation in 9M FY24:
🔹LED: 71%
🔹Automobiles: 27%
🔹Medical and Others: 2%
✍️Clientele:
🔹Co has clientele like Air India, BSNL, BHEL, LIC, MTNL, Indian railways, Procter & Gamble, L&T, IDBI Bank, Reliance Industries,Port of Visakhapatnam, Bharat Electronics, Delhi Metro Rail corporation Ltd, Maruti Udyog are among others.
✍️Key Metrics:
🔹M Cap: ₹942 Cr
🔹P/E: 194
🔹CMP: ₹42.5
🔹ROCE: 1.41%
🔹EVEBITDA: 110
🔹Debt to equity: 0.17
🔹3 Years Sales Growth: 131%
✍️Q2FY24 Financials Highlights:
🔹Revenue at ₹10.31 Cr⬆️25% QOQ &⬆️395% YOY.
🔹OPM stands at 29.10%, compared to -25.0% YoY.
🔹Company reported Net Profit of ₹8.80 Cr. which includes Exceptional items of ₹6.62 Cr.
🔹TTM EPS at ₹0.52
✍️Key Highlights:
🔹Co has developed an electric vehicle (EV) battery charger for e-cycles and two-wheelers, which will be launching soon, with commercial operations starting in March 2024.
🔹Co is currently in the process of developing high-power-rated EV Battery Chargers.
🔹Co has divested its total investment in the subsidiary, M/s. Bikewo Green Tech Pvt Ltd, on November 11, 2023.
🔹The primary source of revenue for the company is derived from the Indian railways sector.
🔹Company’s planned R&D budgets are designed to enhance production facilities, fast-track product development, and diversify into new segments.
✍️Industry Outlook:
🔹The electrical equipment market in India is set to grow at a CAGR of 11.68% from 2022 to 2027, reaching a market size increase of USD 52.97 billion.
🔹The Indian EV charger market is forecasted to surge with a CAGR of 46.5% from 2022 to 2030, primarily fueled by the increasing demand for fast charger and type-2 installations.
🔹Demand for high-quality micro-LED displays is soaring, driven by commercial, industrial, and automotive sectors, with the market projected to skyrocket from USD 43.62 million in 2022 to USD 7.51 billion by 2028, boasting a remarkable CAGR of 135.88%.
✍️Key Strenghts:
🔹Co’s core strength lies in Technology and Product innovation, particularly in LEDs, communications, and Embedded Electronics.
🔹Leveraging its extensive experience in LED Display and mini/micro-LED TV products.
🔹Co’s core strength lies in Technology and Product innovation, particularly in LEDs, communications, and Embedded Electronics.
🔹Leveraging its extensive experience in LED Display and mini/micro-LED TV products.
✍️Future Outlook:
🔹The primary aim of the company is to fulfill its financial commitments by ensuring profitability and maintaining robust cash flow.
🔹Company is expanding its focus to identify profitable business lines beyond its core operations in the Indian Railway sector.
🔹Company aims to introduce contemporary high-end display systems applicable in various urban and rural sectors in India and globally.
✍️Shareholding Pattern:
🔹Promoters: 74.63%
🔹Retailers: 25.37%
www.aasthafintech.com
👉🏻 CDSL Business Model and Research Report
“Go for a business that any idiot can run – because sooner or later, any idiot probably is going to run it”.👍🏻 – Peter Lynch
Fundamental investing requires investors to remain in it for the long-term and to apply effort and research to their stock selection, along with staying updated on the news and industry trends. But there are a few businesses that are considered as “No Brainer”, i.e., which do not demand very complex analysis or keeping track of industry or macro factors.
One such example is CDSL Ltd – Central Depository Services (India) Limited
👉🏻 Overview of the company
Initially promoted by BSE Ltd., CDSL is one of the two securities depositories operating in India and the only listed Depository. The company offers dematerialization services for different types of securities, including equity shares, preference shares, mutual fund units, debt instruments. CDSL currently holds a 58% market share in terms of investor accounts, with 589 registered depository participants.( As per 2021)
Let’s understand their business model in detail
👉🏻 Business Model of CDSL
Before getting into the revenue sources, one needs to understand what depositories are and whom do they cater to?
Depositories: Depository is a type of institution that holds securities (Shares, bonds, debentures etc.) in an electronic form (in financial terms, it is known as dematerialized form or Demat Account). The work of a depository is similar to a bank. Just as a bank holds money on behalf of its depositors, a depository holds shares and other securities on your behalf of its investors. However, unlike bank accounts, an investor cannot open his Demat account directly with the Depository; rather, he needs to go through an intermediary known as depository participants.
Depository Participants (DPs): More popularly known as stockbrokers, DPs are an intermediary between the Depository and the investors. So an investor is a member or client of a Depository participant (when they open a Demat account), whereas a Depository participant is a member of a Depository. Basically, brokers offer a platform for the transaction, but securities are held by Depository in Demat form.
Apart from depository service, the company is also engaged in other services and earns a good amount of revenue from it.
😍 Revenue Sources
● Annual issuer charges:- Every issuer (Listed securities) is required to pay an annual fee to the depositor, which is decided by the market regulator, SEBI and remains the same for both depositories. Currently, it is levied at the rate of Rs. 11 per folio (ISIN position) subject to the Nominal Value of Securities admitted (Paid-up capital).
● Transaction Charges:- As mentioned earlier, investors’ holdings are kept by the Depository, but the transaction is carried through the broker/DP. For any transaction done by an investor, the broker has to pay a fixed amount to CDSL for the transaction settlement.
● Online data charges:- The company is also engaged in KYC services through its subsidiary CDSL Ventures Ltd (CVL). CVL is the largest KYC Registration Agency (KRA) in India, with 60% of the market. The primary revenue in the segment includes one time charges for KYC creation and additional charges for data fetching
● IPO & corporate action charges:- The company also facilitates crediting of securities for initial public offerings and other corporate actions, such as share splits and consolidation, as well as payment of dividends. For these services, CDSL charges a fixed amount to the issuer company based on the number of folios.
● Other segments:- Besides the above category, the company also earns through account maintenance charges, E-voting charges, ECAS charges and other operating revenues.
The major part of the revenue, around 34%, comes from Annual issuer charges, which is a kind of stable revenue stream. The transactional charges, which are the 2nd biggest contributor, is quite cyclical in nature as the income on this dependent on the transactional volume.
🚀 What is Moat ?
● Operates in a duopoly market:- Depository business in India operates under a duopoly structure with 2 leading players NSDL and CDSL. CDSL enjoys a market-leading position with a 58% market share. Additionally, the business operates in a highly regulated environment with a strong entry barrier coupled with decent growth prospects.
● Asset Light business model:- The company has an asset-light business model with minimal fixed cost requirement. Due to this, CDSL enjoys a significant degree of operating leverage and an excellent operating margin of 62% (As per TTM data). Thus any rise in income will directly expand the net profit and ROE.
● Network effect:- Another great moat that discourages new players to enter the industry is the Network effect. The company has 589 registered DPs across India and 289.34 lakhs investor account as of Q3 2021. Due to the higher switching charges, DPs prefer to stay with the Depository for a long period, and this offers a stable revenue stream for the depository company and makes it difficult for a new entrant to compete with the existing players.
● Diversified Revenue stream:- CDSL, along with its subsidiaries, offers a variety of services to several financial players such as mutual fund houses, securities market, insurance companies. This helps the company earn from multiple sources and remain less vulnerable to market cycles.
👉🏻 What is good?
● Steady growth & Room for growth: – The company’s total active BO (Beneficial Owner) accounts have grown at a CAGR of 19% from 1.08 crore in FY 2015-16 to 2.12 crore in FY 2019-20. Though the industry has grown tremendously in the last few years, the Indian capital market is still highly underpenetrated in terms of equity participation, and there is significant room for growth.
● Business execution:- Despite being a late entrant in the depository market, CDSL has outgrown its competitor NSDL with its unique business strategy. CDSL focuses on retail DPs, particularly discounted brokers, and with its relatively low fee structure and relaxed registration requirements, it has become India’s largest Depository in terms of DP accounts.
😏 What is bad?
● Cyclical revenue streams:- Transactional charges and IPO charges which together contribute 29% to the revenue, are market-linked in nature. These income are dependent on stock market performance, and the downfall in market level may bring volatility in the total revenue.
● Regulatory hurdles:- The charges for some of the services like annual issuer charges are controlled by SEBI, and thus the company does not enjoy any pricing power on the same. The e-KYC segment is also exposed to the risk of changes in government policies.
👉🏻 Financials of CDSL
● Revenue & Profitability:- CDSL has been consistently growing both in terms of revenue and profit. The revenue has grown at a CAGR of 15.52% and 16.38% in the last 3 and 5 Years period. As explained earlier, the company requires low incremental Capex and Opex, and thus the bottom line grew at a higher rate on the back of increasing operating leverage.
The business had an excellent profit margin of 47% as of March 2020. Further, due to the jump in operating revenue in the last 3 quarters, the PAT margin has improved by 10.7% to 58.13% (March 2021) as per the latest quarterly result.
● Strong Return Ratios:- Though the return ratios of the company are volatile in comparison to the other NBFC, it appears to be quite high. The hefty cash and investments in the books have weighed down the return ratios, but due to regulatory requirements, CDSL is required to carry these liquid assets. However, given the asset-light business model with strong growth drivers, the ROE is expected to improve in the coming years.
● Healthy Balance sheet 😘 CDSL has an absolutely clean balance sheet with zero debt and good cash reserves.
🙏🏻 Conclusion
The equity investment in India has a very low penetration of 4-5%, whereas, in developed nations such as the USA, the ratio stands at 48%. With the growing financial literacy and the relative outperformance of Equity instruments over other asset classes, the share of equity investments as proportions to total household savings & investments is expected to rise.
One more growth trigger for the company is the 2021 MCA guidelines which makes it compulsory for the unlisted companies to dematerialize their shares before any transfer or corporate action. Out of 80,000 unlisted companies, around 11,000 have been admitted for dematerialization till now. The company’s duopoly business structure, repeat business in several offerings, and robust financials makes it a no brainer stock. However, regulatory factors and competition from the equally strong player, NSDL, may create a risk to the company’s future growth.
Mcap : 20000
P/E : 56
Div Yield : 0.85
www.aasthafintech.com
#aasthafintech #cdsl
बिज़नेस मॉडल :
IREDA
बिज़नेस मॉडल :
What does this Mini-Ratna do?
▫Government controlled organisation which delivers ₹30 Cr or more profits for last 3 yrs, falls under Mini-Ratna category
▫IREDA provides loans to renewable energy giants like Adani Green, Suzlon & others. Also, to the state governments for Solar energy, Hydro energy, Biomass energy, Waste to energy, wind, energy conservation (All forms of Renewable energy)
Is the business model sustainable?
▫ Definitely, the green energy push is not only from Indian government, it’s there in entire world. Every country, business eventually wants to get Carbon emissions free sooner or later & there’s a compulsory push for it worldwide
🧠 IREDA being a govt owned business, there are & will be some schemes in terms of loans for business owners which will keep this business running as long as the country is not Carbon emissions free
🧠 The renewable energy projects are capital extensive, you will find all the companies having huge debt on them, which basically comes from IREDA to them, and in return, the INTEREST becomes main revenues source for IREDA
From where they finance?
▫We, it’s a taxpayers money 😉
▫They take loans from international loan providers & domestic too
Revenue Sources
▫95% from Interest income
▫4% from investments
▫1% Consultation charges
Number projects financed till date
▫ Total financed 2800+
▫ Functional 1700+
▫ Under implementation 110+
Competitive advantage 💡
▫ PFC, REC, both are not mainly into Renewable energy which kind of creates a monopoly for IREDA
▫ Govt 1 Cr Solar rooftop push should contribute further to IREDA’s financing revenues
✅ Numbers
▫ TTM PROFIT CAGR 36%
▫ Market cap 48k Cr
▫ P/E : 139
▫ Div Yield : 0
🧠 I personally feel this is still a microcap business, *don’t expect stock price running non-stop in upper circuits,
Disclaimer:
Be careful for Long Term investor ( जो इन्वेस्टर को stop loss की समज नहीं है )
#aasthafintech
www.aasthafintech.com
what is liquidbees And Benefits ? ( below HINDI )
Liquidbees क्या है और लाभ ?
👉🏻एक ईटीएफ जहां हम अपना पैसा जमा कर सकते हैं – आपके ट्रेडिंग खाते में धनराशि रखने के विकल्प के रूप में
👉🏻 यह एक्सचेंज ट्रेडेड फंड विशेष रूप से ओवरनाइट मनी मार्केट में निवेश करता है, जो उच्च स्तर की सुरक्षा और तरलता प्रदान करता है।
👉🏻यह सुनिश्चित करने के लिए आरबीआई द्वारा निगरानी की जाती है कि पुनर्भुगतान या तरलता के मामले में कोई चुनौती न हो।
👉🏻इस उपकरण के काम करने का तरीका वास्तव में काफी दिलचस्प है। ईटीएफ की कीमत 1000 रुपये पर स्थिर रहती है और आप जो रिटर्न कमाते हैं वह इकाइयों के रूप में दैनिक लाभांश होता है जिसे ईटीएफ में फिर से निवेश किया जाता है।
👉🏻ये इकाइयां (आपका रिटर्न) साप्ताहिक आधार पर आपके डीमैट खाते में जमा की जाती हैं।
👉🏻हर दिन, LiquidBees ETF उन्हें मिलने वाले ब्याज पर लाभांश का भुगतान करता है ताकि NAV वापस रु. पर आ जाए। 1000.
👉🏻 हर दिन, लिक्विडबीज़ ईटीएफ जो भी ब्याज प्राप्त करता है उस पर लाभांश का भुगतान करता है ताकि एनएवी वापस रुपये पर आ जाए। 1000. इसलिए, यदि उन्हें मुद्रा बाजार से ब्याज के रूप में 0.1% मिलता है, तो एनएवी रुपये से बढ़ जाएगी। 1000 से रु. 1001 (1 रु. 1000 का 0.1% है)। एनएवी को वापस रुपये पर लाने के लिए। 1000 वे रुपये का भुगतान करेंगे. 1 लाभांश के रूप में।
👉🏻लिक्विडबीज़ को एनएसई और बीएसई के पूंजी बाजार खंड में सूचीबद्ध और कारोबार किया जाता है
👉🏻 यदि हम अपने फंड को ट्रेडिंग खाते में खाली रखते हैं, तो किसी समय हम खुद को अनावश्यक रूप से व्यापार या निवेश की ओर धकेलते हैं या यदि हम फंड को निष्क्रिय रखते हैं तो यह मासिक/त्रैमासिक निपटान के कारण वापस बैंक खाते में जमा हो जाएगा।
👉🏻यदि आप ब्रोकरेज कंपनी के पास धनराशि रखते हैं, तो वे आपको कोई ब्याज नहीं देंगे।
👉🏻तो बेहतर होगा कि कुछ ब्याज पाने के लिए LiquidBees खरीदें, जहां आपके पास कोई ब्याज नहीं था।
यह आपकी मुफ़्त नकदी को “पार्क” करने का एक आसान तरीका है।
👉🏻यहां तरल मधुमक्खियां बहुत महत्वपूर्ण भूमिका निभाती हैं।
यह जानते हुए कि इस ETF का मूल्य वही रहेगा यानी 1000, हम इन्हें कभी भी खरीद/बेच सकते हैं।
👉🏻सरल शब्दों में: भले ही बाजार क्रैश हो जाए- वैल्यू 1000 ही रहेगी, इसलिए नुकसान का कोई खतरा नहीं।
👉🏻जब भी आपको बाजार में कोई अवसर दिखे, तो आप लिक्विडबीज़ को बेच सकते हैं और उन फंडों का उपयोग व्यापार/निवेश के लिए फिर से कर सकते हैं।
👉🏻जब आप स्टॉक खरीदना चाहते हैं तो आप LiquidBees बेच सकते हैं और आमतौर पर ब्रोकर आपको उसी दिन खरीदने की अनुमति देते हैं, इसलिए आप उस दिन ही अपना स्टॉक खरीद सकते हैं।
👉🏻 ट्रेडिंग खाते में निष्क्रिय फंड कोई रिटर्न उत्पन्न नहीं करेगा, लेकिन साथ ही तरल मधुमक्खियों में निवेश करने से रिटर्न उत्पन्न होगा।
👉🏻 कोई प्रतिभूति लेनदेन कर (एसटीटी) नहीं, इसलिए खरीदने, बेचने की लागत न्यूनतम होगी।
👉🏻 जब आप कोई स्टॉक खरीदते हैं तो कई डिस्काउंट ब्रोकर शून्य ब्रोकरेज चार्ज करते हैं – केवल लगभग रु. का डीमैट शुल्क। जब आप इसे बेचते हैं तो 20 रुपये प्रति दिन का शुल्क लिया जाता है।
प्रवेश की कम लागत आपको लिक्विडबीज़ में बड़ी शेष राशि बनाए रखने की अनुमति देती है
👉🏻आप ट्रेडिंग मार्जिन के लिए LiquidBees का भी उपयोग कर सकते हैं। मान लीजिए यदि आप फ्यूचर खरीदते हैं, तो आपको वास्तव में एक्सचेंज को पूरा पैसा नहीं देना होगा।
👉🏻 आपको मार्जिन के लिए बस अपनी लिक्विडबीज़ को गिरवी रखना होगा।
👉🏻 LiquidBees को नकदी के बराबर माना जाता है। यदि आप अपनी लिक्विडबीज़ होल्डिंग्स को गिरवी रखते हैं, तो वे आपको मूल्य का 90% मार्जिन के रूप में देते हैं – केवल 10% हेयर कट के साथ डेरिवेटिव सेगमेंट के लिए नकद समकक्ष मार्जिन के रूप में उपयोग किया जा सकता है।
What is Liquidbees?
👉🏻 An ETF where we can park our cash – As an alternative to keeping funds in your trading account
👉🏻 This Exchange Traded Fund exclusively invests in the overnight money market, providing a high level of safety and liquidity.
👉🏻 It is monitored by the RBI to ensure there are no challenges in terms of repayment or liquidity.
👉🏻 The way this instrument works is actually quite interesting. The price of the ETF stays constant at Rs 1000 and the returns you earn are daily dividends in the form of units which are again re-invested in the ETF.
👉🏻 These units (your returns) are credited to your demat account on a weekly basis.
👉🏻 Every day, the LiquidBees ETF pays out a dividend on whatever interest they receive so that the NAV falls back to Rs. 1000.
👉🏻 Every day, the LiquidBees ETF pays out a dividend on whatever interest it receives so that the NAV falls back to Rs. 1000. So, if they get 0.1% as interest from the money market, the NAV will increase from Rs. 1000 to Rs. 1001 (Rs.1 is 0.1% of 1000). To Bring back the NAV to Rs. 1000 they will pay out Rs. 1 as dividend.
👉🏻 Liquidbees are Listed and traded on the capital market segment of the NSE & BSE
👉🏻 If we keep our funds free in Trading account, at some point of time we push ourselves towards trading or investing unnecessarily or if we keep the funds idle then it will be credited back to bank account due to Monthly/Quarterly settlements.
👉🏻 If you keep funds with the brokerage company, they won’t pay you any interest.
👉🏻 So better buy LiquidBees to get some interest where you had none.
This is an easy way to “park” your free cash.
👉🏻 Here Liquid bees plays a very imp role.
Knowing that the Value of this ETF will remain same i.e 1000, we can buy/sell them anytime.
👉🏻 In simple words: Even If the market crash- Value will remain at 1000, So, no risk of loss.
👉🏻 Whenever you see any opportunity in market, you can sell Liquidbees and use those funds again for trading/investing.
👉🏻 When you want to buy stocks you can sell the LiquidBees and typically brokers allow you to buy on the same day, so you can buy your stocks on that day itself.
👉🏻 Idle funds in trading a/c will not generate any returns, but at the same time investing in liquid bees will generate returns.
👉🏻 No Securities Transaction Tax (STT) so cost of Buy sell will be minimal.
👉🏻 Many discount brokers charge zero brokerage when you buy a stock – only a demat charge of around Rs. 20 per day is charged when you sell it.
The low cost of entry allows you to maintain large balances in LiquidBees
👉🏻 You can also use LiquidBees for trading margins. Suppose If you buy a future, you don’t have to actually pay the full money to the exchange.
👉🏻 You just need to Pledge your Liquidbees for Margin.
👉🏻 LiquidBees is considered as equivalent to cash. If you pledge your LiquidBees holdings, they give you 90% of the value as margin – Can be used as cash equivalent margin for derivatives segment with a 10% hair cut only.
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✍My view on Borosil Renewable:
👉🏻 People say Borosil Renewable is monopoly and yes it has major market share in solar glass business.
👉🏻 Though Borosil Renewable is a kind of market leader or monopoly but the business doesn’t have – MOA (it’s a weak moat). On paper, Borosil Renewable has a strong MOAT in terms of exclusive solar glass production.
👉🏻 When there is no moat disruption comes with competition in pricing n further loses margins
👉🏻 The disruption mainly comes from China which has more than 90% market share in solar glass n panels in the world
👉🏻 If the Govt won’t put restrictions on Import of Solar glass or solar panels, obviously these kind of businesses faces tough challenges.
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