Blog – Page 9 – Katalyst Wealth

[Industry Notes] – Understanding flexible packaging films industry in detail and names of 5 listed players

June 29, 2024

Hello Sir, BOPP & BOPET are key flexible packaging films and there are many listed cos. in this space like – Nahar Polyfilms, UFlex, Cosmo First, Jindal Poly, Garware Hi Tech, etc. Currently, BO films industry is facing issues of overcapacity. While volumes are good, oversupply has suppressed selling prices and margins for all the companies. Stocks in general are down 40-60% from their highs and promoters of some of the companies like Nahar Polyfilms have been increasing stake at lower…

[Industry Notes] – Understanding Basmati rice industry in detail and names of 3 listed players

June 21, 2024

Hello Sir, There are quite a few listed Basmati Rice cos. – LT Foods, KRBL, Chaman Lal Setia (CLSE). In fact, we have ongoing recommendations on LT Foods (initiated at Rs 87.5) and CLSE (initiated at Rs 112.80) and what’s even more interesting is that we have covered CLSE twice before in the past – 2016 and 2019 and both the times the stock delivered good returns. So, the past 2 years have been excellent for basmati rice exporters, with GOI decisions helping…

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

June 21, 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, things might start turning favorable for the company and the sector with the imposition of Anti-Dumping (AD) and Countervailing Duties (CVD) on Ecuador and Indonesia. To understand the company better, we have shared notes from the Q4 FY 24 con-call of the company. Before that: …

[Industry Notes] – Is it a good time to look at Agrochemical stocks for Investment

June 16, 2024

Hello Sir, Recently, I was looking at few companies like Insecticides India, Sharda Cropchem, etc. which deal in Agrochemicals. The last 2 years were really bad for the industry with pricing challenges and excess supply from China. Prices of many agrochemicals corrected by 40-50% and even more and similarly stock prices are also down around 50% and more. However, based on the management commentary, it seems that prices have stabilized now and are gradually moving upwards. It’s always interesting to look at good…