fibre – 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…