Blog – Page 15 – Katalyst Wealth

[Special Situation] – Jasch Industries and Jasch Gauging…demerger case

March 17, 2024

Hello Sir, Hope you are doing well. On 19th Sep’23, we released Jasch Industries (BSE Code – 500220) Special situation opportunity for our Alpha + members and would like to share with you details on the same. It was a demerger based opportunity wherein Jasch was running 2 diverse businesses and intended to demerge the industrial gauges business and list it separately. The terms of the demerger were simple – The gauges business was to list separately as Jasch Gauging while Jasch Industries retained the…

[Stock notes] – Sportking India…yarn capacity up by 35% in FY 23

March 16, 2024

Hello Sir, Hope you are doing well. The markets are down and I have been screening for stocks wherein Promoter holding has increased and in the process came across Sportking India Ltd. The name looked interesting and I thought it will have something to do with sports; however, the company is engaged in the production of yarns. While the business sounds boring, what’s interesting is that the stock is down from 1,800 odd levels recorded in Oct’21 to 800 odd…

[Stock note] – Shankara Building Products…aiming for 20-25% growth in sales

March 7, 2024

Hello Sir, Hope you are doing well. In India, building materials sector has experienced a consistent growth and business expansion. The thrust in infrastructure development, coupled with the uptake in real estate demand is positive for the sector. Source: Shankara Building Products Investor Presentation Shankara Building Products is India’s one of the India’s leading organized retailers of home improvement and building products and is aiming for consistent 20-25% growth in sales over longer term. To understand the company better, we have shared notes…

[Stock notes] – Apex Frozen…is the shrimp industry bottoming out?

March 7, 2024

Hello Sir, Hope you are doing well. Recently, I was going through the con-call of Apex Frozen Foods which exports processed shrimps to US, EU, China and other markets. The demand from US continues to be low. However, as per the management, they believe both the supply and demand should be better in FY 25 in comparison to FY 24. In general, we like looking at companies which have done well in the past but currently going through a tough phase as…