Ekansh Mittal – Page 6 – Katalyst Wealth

[Portfolio stock]: Pokarna…leading exporter of Quartz from India

September 18, 2024

Hello Sir, Hope you are doing well. Today, we would like to share with you our stock report on Pokarna (NSE – POKARNA) which is one of the largest exporter of Quartz surfaces from India. We recommended Pokarna around 7 months back in Feb’24 around 470-471 odd levels. We continue to hold the stock since then. The detailed Feb’24 initiation report on Pokarna can be read at the following link (free access, no login required) – Click HERE While the detailed report can be read from the above link,…

[Stock Idea]: Lloyds Metals – 100 bagger since Mar’20…How to identify Turnaround stocks early?

September 13, 2024

Hello Sir, Hope you are doing well. Recently I came across Lloyds Metals & Energy. It’s been a 100 + bagger since Mar’20. While going through the financial performance of the company, was thinking to myself, how can we identify such turnaround stories at an early stage and make great returns on stocks? Source: Screener If you remember, we have been saying, look for Preferential allotment of warrants to Promoters in companies in which there’s been a decent correction in stock price (40-50% or…

[Stock idea] – Kiri Industries…2000 crore market cap and expected to get 5000 crore from Dystar sale

September 13, 2024

Hello Sir, Hope you are doing well. I was recently reading about Kiri Industries. It’s a Rs 2,000 crore market cap company and what’s interesting is that it is likely to receive Rs 5,000 crore from sale proceeds of Dystar. Basically, Kiri, a minority shareholder in Dystar, initiated a legal battle in 2015 against Senda, Dystar’s majority shareholder, accusing it of minority oppression through various actions in Singapore High Court. On March 3, 2023, the SICC delivered the final valuation of Kiri’s stake in joint…

Waaree Renewables example – How to improve your profit booking in stock

September 6, 2024

Hello Sir, Hope you are doing well. I think you would agree with me that deciding when to Sell a stock is probably 10x more difficult than deciding when to buy. At least I find selling very difficult because there’s always this fear that I may sell too soon and what if the stock continues rising. Based on my observation of several stocks which have had decent correction, 1 metric you can add to your checklist to aid sell decision is: No.…