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In order to recommend the best stock ideas to our members, our team does extensive research, goes through all the corporate announcements on daily basis and screens for various potential investment opportunities.
Through [Stocks to watch] email, we would like to share with you interesting stock updates we come across while performing our research. Hope you find them useful for your own investments or to add the stocks to your watchlist:
Before that, if you are interested in investing in our Latest Stock Recommendation which could benefit from the massive growth expected in the CNG segment and still available around 10 times earnings, you can read about it here - LINK
Lincoln Pharmaceuticals – We recommended this stock to our members in Sep'17 around 160 odd levels, but later on closed it around 248 in Jan'18.
What's interesting though is that off-late we are noticing several transaction of open market purchases by Promoters.
Source: BSE India
Even more interesting is the fact that since Jun'19 Promoters have increased their stake in the company from 32.40% to 42.05%.
While some investors have expressed concerns about corporate governance issues at the company, we intend to dig again deeper and see if there's potential investment opportunity.
La Opala – La Opala is a very well known brand and a leading manufacturer and marketer of tableware (opal and glass) in India.
On 2nd Jun'22 we came across an announcement by La Opala regarding commencement of commercial production at New Green Field plant on 1st Jun'22.
Source: BSE India
Key highlights of the same are as follows:
- The production capacity of the new plant is 11,000 metric tons per annum (MTPA)
- Existing capacity of the company is 26,000 MTPA so the new plant will bring about 40% addition in capacity
La Opala is currently trading around the same levels as it was in Aug'15.
Disclaimer: This is not a recommendation to buy/sell Lincoln Pharma and La Opala. These updates are as announced by the companies on exchanges and only for the purpose of information and education.
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SEBI Research Analyst Registration No. INH100001690
Research Analyst Details
Name: Ekansh Mittal Email Id: [email protected] Ph: +91 727 5050062
Details of Associate: Not Applicable
Analyst Certification: The Analyst certify (ies) that the views expressed herein accurately reflect his (their) personal view(s) about the subject security (ies) and issuer(s) and that no part of his (their) compensation was, is or will be directly or indirectly related to the specific recommendation(s) or views contained in this research report.
The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision
This report is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. Ekansh Mittal/Mittal Consulting/Katalyst Wealth is not soliciting any action based upon it. This report is not for public distribution and has been furnished to you solely for your information and should not be reproduced or redistributed to any other person in any form. This document is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. Ekansh Mittal or any of its affiliates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Neither Ekansh Mittal, nor its employees, agents nor representatives shall be liable for any damages whether direct or indirect, incidental, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information. Ekansh Mittal/Mittal Consulting or any of its affiliates or employees do not provide, at any time, any express or implied warranty of any kind, regarding any matter pertaining to this report, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
The recipients of this report should rely on their own investigations. Ekansh Mittal/Mittal Consulting and/or its affiliates and/or employees may have interests/ positions, financial or otherwise in the securities mentioned in this report. Mittal Consulting has incorporated adequate disclosures in this document. This should, however, not be treated as endorsement of the views expressed in the report.
We submit that no material disciplinary action has been taken on Ekansh Mittal by any regulatory authority impacting Equity Research Analysis.
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Whether the research analyst or research entity or his associate or his relative has any financial interest in the subject company/companies and the nature of such financial interest – No
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