Blog – Page 19 – Katalyst Wealth

[Stock notes] – Avanti Feeds…is the Shrimps industry bottoming out?

December 21, 2023

Hello Sir, Hope you are doing well. I am sure you must be aware of Avanti Feeds, one of the largest Shrimps feed producer in India. 10 years back in Dec 2013 the stock was quoting around 15-20 odd levels; it then rose to record high of 950-970 odd levels in Oct-Nov 2017. Since then, the stock has performed poorly and currently languishing around 400 odd levels. The question is, has the Shrimps industry bottomed out? As per the management, an upturn in the US shrimps import…

[Stock notes] – M M Forgings…targeting 15% + growth in FY 24

December 8, 2023

Hello Sir, Hope you are doing well. Sometime back, I came across a stock M M Forgings (MMF). The company manufactures forged components for automobiles (CVs and PVs), and off-highway equipment, catering to both the domestic and international markets. The company is also working on developing EV powertrain components – Motor, Gearbox and Controller through its subsidiary Abhinava Rizel. What’s interesting is that promoters have guided for ~15% + growth in sales in FY 24 over FY 23. Below, we have…

[Stock notes] – Coastal Corporation…good news for Shrimps industry stocks?

December 7, 2023

Hello Sir, Hope you are doing well. India has been a major exporter of processed Shrimps to US; however, the last few years have been bad for the industry with strong competition emerging from Ecuador. Finally, is there a good news for Shrimps industry stocks listed in India? Recently, I was reading that US is considering a petition to levy Countervailing (CV) and Anti-Dumping (AD) duties on Ecuador and Indonesia. If US levies both CV and AD duties on Ecuador, Indian shrimps exporters may…

[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…