Blog – Page 16 – Katalyst Wealth

[Stock notes] – Visaka Industries…introducing new age products like Solar roof

September 1, 2023

Hello Sir, Hope you are doing well. Recently, I was going through the details of Visaka Industries. Like Sahyadri Industries, this too is in the business cement roofing sheets which are largely used in rural areas and currently facing the issue of high raw material prices. What’s interesting is that in the overall turnover, the share of cement roofing sheets is going down and the contribution of new age products like Vnext or Atum is increasing. ATUM is basically Solar Cells…

[Stock notes] – Sahyadri Industries…is it time to take a contrarian call?

September 1, 2023

Hello Sir, Hope you are doing well. Recently, I was going through the con-call of Sahyadri Industries which deals in Asbestos and non-asbestos flat sheets and boards. While the demand for the products seems stable, the industry is reeling under the pressure of surge in raw material prices. As a result, despite the increase in sales, almost all the companies from the sector have reported lower margins and profits. In general, we like looking at companies which have done well in the…

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

August 25, 2023

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, EU continues to be low as there’s still high cost inventory in such markets. However, despite the poor quarterly results, stock price seems to have stopped reacting negatively for now. In general, we like looking at companies which have done well in the past but currently going through a…

[Stock notes] – Repco Home Finance…marking a turnaround?

August 18, 2023

Hello Sir, Hope you are doing well. Remember, in 2017-18, housing finance stocks were all the rage. Repco Home Finance too was quite famous then and was frequently quoted about on various business channels. However, the stock peaked out around Rs 900 in June 2017 and went as low as 90 in May 2020. Since then, the stock has recovered to around current levels of 375 and the business is also showing signs of turnaround. Mr. K Swaminathan took over the…