Blog – Page 18 – Katalyst Wealth

[New Stock Reco]: Leading Agro processing co. at < 10 times pretax earnings and promoters increasing stake

December 2, 2023

Dear Sir, Hope you are doing well. On 1st Dec’23, Friday evening, we released our new stock recommendation for our Alpha and Alpha + Members. We focus on growth oriented, owner operated, leading companies in their respective segments that are trading at reasonable valuations and invest with a horizon of 3-4 years. We like stocks where Promoters themselves are buying stocks of their own company and increasing their stake as in general they know more than anyone else about the prospects…

[Stock note] – Shankara Building Products…aiming for 25-30% growth in sales

November 22, 2023

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 Building materials segment includes products like – TMT, cement and construction chemicals; plumbing, sanitary ware and fittings; tiles, adhesives and floorings; electricals, lighting and paints, etc. While there are many small-mid sized shops retailing such products…

[Stock note] – Goldiam International…strong demand for Lab Grown Diamonds

November 17, 2023

Hello Sir, Hope you are doing well. Recently I was reading about Lab Grown Diamonds (LGD) which are fast gaining acceptability in the Indian market. Source: Goldiam Investor Presentation As per our understanding, currently Goldiam International is the only major listed company dealing in LGDs and primarily sells in US market. LGDs are chemically, optically and physically identical to earth mined diamonds, but are significantly more affordable. As per Economic Times article, a carat of LGD costs ₹60,000-70,000, a fraction of ₹10-11 lakh for a natural…

[Stock notes] – Dhanuka Agritech…One of the best performing Agro-chemical stocks

November 17, 2023

Hello Sir, Hope you are doing well. Mar’23 and Jun’23 quarters were extremely bad for almost all the agrochemical companies. First there was excess inventory in the channel and therefore the demand plummeted. Second, the prices have come down sharply resulting in sales returns and inventory losses. Source: Dhanuka Agritech website However, Dhanuka Agritech has performed much better and has come out rather unscathed with decent performance in Sep’23 quarter. We believe, as a contrarian investor with 3-4 years investment horizon, it’s…