All posts by Vishal Dalwadi

Value Pick

VALUE PICK FEBRUARY ’18: DCM SHRIRAM LIMITED, Update

19th December 2020

Update: Technical Breakout on the stock DCM Shriram has rallied over 10% on December 18. On Friday, the stock opened on a positive note and in the later half of the day quickly surpassed its previous resistance level with strong volume. The stock has formed a strong price volume breakout pattern on the daily as well as weekly chart. DCM Shriram on Daily Chart - The texture of the pattern suggests action will likely to continue if the stock maintains to trade above INR 400/410

By Vishal Dalwadi

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Mindspace Business Parks REIT IPO – Review, Update

18th December 2020

Update: Institutional Buying Activity Daily report available on the NSE suggests that THE VANGUARD GROUP INC A/C VANGUARD EMERG. MKTS STOCK INDEX FD A SERIES OF V I E I F has bought 51,19,600 shares of the company at an average price of INR 321.88 on December 18. The stock ended 1.32% or Rs. 4.32 lower and ended at INR 321.87 when the market closed. July 26, 2020 Mindspace Business Parks REIT - backed by Mumbai-based realtor K Raheja Corp and private equity firm

By Vishal Dalwadi

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BURGER KING IPO – Review, Update

14th December 2020

Update: Burger King India Listing - Burger King India Limited, the Indian subsidiary of the US-based giant Burger King, has made stock investors' wealthier as the stock more than doubled on its debut on December 14. The stock opened at INR 115.35, against its issue price of INR 60 on the Bombay Stock Exchange, while on the National Stock Exchange, shares made a debut at INR 112.50, a 87.50% premium over IPO price. The listing premium was better-than-expected given (1) the stellar

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Mrs. Bectors Food Specialities IPO – Review

13th December 2020

Mrs. Bectors Food Specialities Limited - one of the leading companies in the non-glucose biscuits and premium bread segment in North India (according to Technopak Report) is planning to raise INR 540.54 Cr via IPO [40.54 Cr Fresh Issue + 500 Cr OFS] Mrs. Bectors Food Specialities: Company Profile Incorporated in the year 1995, Mrs. Bectors Food Specialities Limited is one of the leading companies in the (1) premium bakery segment and (2) premium & mid-premium biscuit segment in North

By Vishal Dalwadi

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UTI AMC IPO – Review

27th September 2020

UTI AMC - the 2nd largest asset management company in India (in terms of Total AUM) and the 7th largest asset management company in the country (in terms of mutual fund QAAUM) is planning to raise INR 2160 Cr via IPO [all OFS] UTI AMC: Company Profile & Business Incorporated in the year 2002, UTI AMC is in the business of managing the domestic mutual funds of the UTI Mutual Fund. The company provides portfolio management services (PMS) to institutional clients and high net worth

By Vishal Dalwadi

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Galaxy Surfactants Limited: Value Pick Stock September 2020

9th September 2020

Galaxy Surfactants Limited is one of India’s leading manufacturers of surfactants and other speciality care ingredients for the home and personal care industries. Galaxy Surfactants: History Galaxy Surfactants Limited was formerly incorporated as a private limited company with the name Galaxy Surfactants Private Limited on May 20, 1986. Consequently, the Company was converted into a “public limited company” and the name of the Company was changed from Galaxy Surfactants Private Limited to

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Rossari Biotech Limited IPO – Review, Update

23rd July 2020

Update: Rossari Biotech Listing: Rossari Biotech Limited - one of India’s prominent specialty chemical manufacturing companies started its very first first trading day with a whopping 57.65% premium over its IPO price today. On the National Stock Exchange, the share price traded at INR 676.75, up by INR 251.75 or 59.24% over IPO price, with volumes of 40,88,564 equity shares. On the NSE, the stock made a high of INR 803.10 and a low of INR 664 before it ended at INR 741.65 on the National

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Newgen Software Technologies Limited IPO – Company Profile, Price, Analysis, Update

22nd July 2020

Update: Q1 FY 2020-21 Numbers IT Company Newgen Software Technologies Limited (Newgen Software) has posted its Q1 FY 2020-21 numbers today. The Company’s consolidated revenue from operations stood at INR 132.12 Cr for the period ended 30 June 2020 as against INR 130.97 Cr for the period ended 30 June 2019, increase by 0.87 per cent Y-O-Y basis. Newgen Software revenue declined by 30.77 per cent Q-O-Q basis (INR 190.84 Cr for the quarter ended 31 March 2020) Total expenses of the company

By Vishal Dalwadi

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