Hope you are doing well.
A few days back we shared with you our article on "How we identify multi-bagger stocks". In case you missed it, you can read it HERE
Be it cyclical businesses or non-cyclical ones, most of the time our thought process is to look for companies where there’s not much market euphoria, while something interesting is happening underneath and therefore the downside is low while the long-medium term potential is immense.
It so happened that in Jan’21 we came across a company dealing in dye intermediates and dye stuffs and fertilizers which hadn’t caught the market attention because the demand for dyes had still not recovered. Meanwhile, anticipating the recovery in demand, the management was silently increasing the capacity several fold and all of it through internal accruals.
The stock was: Shree Pushkar Chemicals Fertilizers (NSE: SHREEPUSHK)
The detailed report on Shree Pushkar can be read at the following link (free access, no login required) – LINK
We shared the report on 30th Jan’21 with our Premium members when the stock was trading around 124-125 odd levels. Currently, it is trading around 250-260 odd levels.
We hope you enjoy reading the detailed analysis (do not miss the Expansion and Valuation sections as you will surely be amazed by the numbers) as it offers insights into how one can still find high quality companies at very reasonable valuations in not so well followed sectors.
We are working on few more interesting stock investment opportunities and will share something good in the next few days. You can get it along with our other Premium Members by signing up HERE
If you are looking for investment opportunities do check out our premium subscriptions. We have been helping our clients build wealth with our research since 2011.
Disclosure: I have personal investment in Shree Pushkar Chemicals. This is not a recommendation to buy/sell the stock.
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.
Disclaimer: You can access it here - LINK
Disclosure (SEBI RA Regulations)
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 – Yes, in Shree Pushkar Chemicals
Whether the research analyst or research entity or his associates or his relatives have actual/beneficial ownership of 1% or more securities of the subject company (at the end of the month immediately preceding the date of publication of the research report or date of the public appearance) – No
Whether the research analyst or research entity or his associate or his relative has any other material conflict of interest at the time of publication of the research report or at the time of public appearance – No
Whether it or its associates have received any compensation from the subject company in the past twelve months – No
Whether it or its associates have managed or co-managed public offering of securities for the subject company in the past 12 months – No
Whether it or its associates have received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months – No
Whether it or its associates have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months – No
Whether the subject company is or was a client during twelve months preceding the date of distribution of the research report and the types of services provided – No
Whether the research analyst has served as an officer, director or employee of the subject company – No
Whether the research analyst or research entity has been engaged in market making activity for the subject company – No