All posts by Vishal Dalwadi

Tega Industries Limited IPO – Review


Tega Industries Limited - one of the global leaders in the design and production of consumables for the mining, mineral beneficiation, and bulk solids handling industry - is planning to raise INR 619 Cr via IPO [0 Cr Fresh Issue + 619 Cr OFS] Tega Industries: Company Profile Tega Industries Limited is an Indian corporation headquartered in Kolkata (India) was started in the year 1976 by Madan Mohanka, an alumnus of Indian Institute of Management (IIM) Ahmedabad (India). The company focuses

Star Health and Allied Insurance Co Limited IPO – Review


Star Health and Allied Insurance Co Limited - an Indian health insurance company based in Chennai - is planning to raise INR 7250 Cr via IPO [2000 Cr Fresh Issue + 5250 Cr OFS] Star Health and Allied Insurance: Company Profile Star Health and Allied Insurance provide services in (1) health, (2) personal accident, and (3) overseas travel insurance, directly as well as through other business channels like online, brokers, and agents. The Company is also prominently into bancassurance having

Amber Enterprises India Limited: Value Pick Stock February 2020, Update


Update: Q3 Results FY 2021 Amber Enterprises has come out with its Q3 FY 2021 numbers today - Revenue: INR 584.44 Cr for the period ended 31 December 2020 as against INR 569.58 Cr a year ago, up 2.56% Y-O-Y basis, Income from operations for the quarter ended 30 September 2020 stood at INR 222.35 Cr, up by 162.85% Q-O-Q basis, PAT: INR 18.26 Cr for the period ended 31 DEC 2020 as compared to INR 11.53 Cr for the period ended 31 DEC 2019, up by 58.36% y-o-y basis, The Company reported a

VALUE PICK SEPTEMBER ’17: KNR Constructions Ltd, Update


Update: Fixing of Record Date for the "Bonus Issue" The Executive Finance Committee of the Company, in their Meeting held on 24 January 2021, fix Thursday the 04-02-2021 as the Record Date for the purpose of proposed Bonus Issue.     18 December 2020 Update: KNR Constructions share rallied over 9% in the later half of the day on December 18 as the company issue bonus shares. The Company has announced a Bonus share in the ratio of 1:1. The Company said - 1 (one) bonus

VALUE PICK FEBRUARY ’18: DCM SHRIRAM LIMITED, Update


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

Mindspace Business Parks REIT IPO – Review, Update


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

BURGER KING IPO – Review, Update


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

Mrs. Bectors Food Specialities IPO – Review


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