Blog – Page 32 – Katalyst Wealth

[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…

[Stock notes] – KRBL…impact of non-basmati rice export ban

August 18, 2023

Hello Sir, Hope you are doing well. The Govt. of India recently imposed a ban on non-basmati rice export. This has resulted in increase in demand for Basmati rice in export markets. The realizations have also increased. No wonder, major basmati rice listed stocks like LT Foods, Chaman Lal and KRBL have performed well. Source: Chaman Lal Q1 FY 24 presentation We recently went through the con-call of KRBL, the company behind the well known India Gate basmati rice brand. Below, we…

[Stock notes] – Dhanuka Agritech…1 of the best performing Agro-chemical stock

August 12, 2023

Hello Sir, Hope you are doing well. Last 2-3 quarters have been 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. We believe, as a contrarian investor with 3-4 years investment horizon, it’s always good to look at spaces which…

[Stock notes] – Nath Bio Genes…leading seller of hybrid seeds in India

August 5, 2023

Hello Sir, Hope you are doing well. Last 2 years were not so good for hybrid seeds sellers. There was covid-19 and also excess sales returns. Source: Nath Bio-Genes website We went through details of hybrid seeds makers and in general all of them sound bullish for the years ahead. Below, we have shared interesting insights from the Q4 FY 23 con-call of Nath Bio-Genes (India) which is a leading hybrid seeds seller in India. Hope you find the details useful for your…