Summary of share purchases by the Promoters in Mar’20
Dear Readers, Hope you are doing well. As you might be aware the last 2 years or so have been tough on the small and mid cap companies with several of them down 50% or more. Things had started getting better from Sep’19 before we all got hit by the outbreak of corona virus. In the last 1 month alone several stocks have fallen off the cliff and this time even the large caps haven’t been spared. So, when the…
4th Apr’20 – Summary of Stock purchases by Promoters
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[New]: Stock Investment report – A contra bet on 2-wheeler auto ancillary company
Dear Sir, Auto industry is going through one of its worst periods. The passenger vehicle sales are down significantly and even the 2W sales are down. However, we are looking at this downturn more as an opportunity. A lot of really good companies in the auto-ancillary space are down 70-80% from their highs and are trading at historically low valuations. We are therefore especially focused on auto components supplier and that too in 2W space. Another point that we are…
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