Saturday, January 27, 2018

Nitin Spinners - Spinning the Threads of Growth



CMP  114


Nitin Spinners is one of the leading producers of  cotton yarn ranging from Ne 6 to Ne 80 in single, multifold slub, compact, core spun, elitwist yarns and knitted fabrics of single jersey, rib, interlock fabric, lycra blended fabrics and other possible structures. 







The company has started its production facilities with 384 rotors in 1993. It has gone for regular expansion and  today with the combined installed capacity of nearly 223056 spindles & 3000 rotors, manufacturing 50000 tons of yarn and threads per annum, the company has carved a niche for itself on the textile map of the country. Later company has gone for value added products with forward integration and established Knit Fabric Division with 63 Knitting machines, having production capacity of 9,000 tons of fabric per annum,  top quality fabric is already making its presence felt in the global textile industry. The company exports about 56% of its production to more than 50 countries across all the continents.


Integrated manufacturing plant is located at Hamirgarh, District Bhilwara (Rajasthan) equipped with latest technology machineries and coal-based captive power plant of 10.50 MW. The company has all quality certifications as per International Standards like ISO 9001:2015, Environment and Energy Management System Certifications ISO 14000 & ISO 50001, OSHAS and SA 8000. It is also certified by OEKO TEX Class I, GOTS, OCS for Organic Cotton, BCI certification for Better Cotton Initiative, SUPIMA Certified, Cotton USA and Government of India recognized Export House


Products Portfolio 




Yarns




The company produces a wide range of cotton yarns ranging from Ne 5 to Ne 24 in Open-end and Ne 10 to Ne 80 in Ring-spun yarns, with single and multi-fold types. It also produces value added yarns like Slub, Compact, Core Spun, Organic and BCI/TBC certified yarns and yarns manufactured from Supima and Giza cotton.


Knitted Fabrics


The quality Yarns is used to manufacture top quality grey fabrics which is consumed by the global apparel industry.  knitted fabric division is equipped to knit various type of structures to meet varied demands of customers for different end applications.


Product Applications







Company's products are used for multiple applications such as high value apparels, terry towels, all types of knitted garments, denims, furnishing fabric, sheetings, medical and industrial fabrics, mattress stickings, tea bags etc.


Market and Clients







The Company has marquee clients across the European, US and Asian Pacific countries and the domestic market as well. The company caters to textile companies like Arvind, Raymonds, Alok, Bhaskar, Nandan, RSWM etc. About 56 per cent of the production goes to more than 50 countries across the globe including the US, Latin America, Middle East, Far East, European Union, Africa etc


Investment Rationale 








New capacity expansion will drive the top line growth because company has more than tripled its spindle count in the past 3 years from ~77,000 spindles to 223,000 currently. Recent expansion of spinning capacity in compact spindles will further enable the company to produce superfine premium yarns for high-value apparels and finishing fabrics. Company plans to move further into value -added products, which includes dyed and melange yarns. Company is enjoying economies of scale by having one of the largest spinning capacities at a single location and large diversified product range catering to varied customer needs.


Company is using state of the art latest technology from world renowned machinery manufacturers. All plants are updated with latest technological developments and supported by experienced professionals. Well equipped lab to monitor quality and develop new product for customers. 


Raw cotton is major cost component in spinning business and cost is expected to remain stable in future. Company is strategically located in the cotton growing belt giving logistics and cost advantages. Steady domestic consumption along with high average sales realization wil help to domestic manufacturers.


Company’s facilities are centrally located provides added advantage of lower logistics cost along with economies of scale. Existing projects enjoy benefits of interest subsidy under TUFS and interest subsidy & electricity duty benefits under RIPS.


Experienced promoters have excellent capabilities and vision to grow small spinning unit into  worldwide recognized company as the industry leaders for spun yarns. 


Now business sentiments has started improving from Q3 after getting impacted due to implementation of  GST in Q2. The Indian apparel market is expected to grow at a CAGR of 10 -15%, on back of various growth drivers like Increase in per capita income, large youth population, Increase in aspirational buying, Increase in urbanisation, Increased standards of living in the rural areas and Increased penetration of online retailers. Export demand is picking up for India made cotton products. 







Company is consistently increasing its focus on domestic market and gradually reducing its exposure from exports market.  Going forward company planning to move up the value chain by increasing share of fabrics to further drive margins. The gradual improvement in domestic demand will result in better realization of yarn products.


Indian textile industry has lot advantages due to availability of a wide variety of cotton fibre, fast growing synthetics-fibre industry, wide range of cotton/spun yarn, presence across the value chain, trained manpower and all these factors  presents an enormous growth potential for Indian textile and apparel sector.


The domestic fibre consumption of less than three kg, is one of the lowest globally. Increasing population, favourable demographics, rising per capita income, affordability and global trend awareness will further drive the domestic growth. As a result, the fibre consumption is expected to grow from the present levels of 9 Million tons to above 14 Million tons by 2020.


In 2017 company has successfully implemented expansion project of Rs. 290 Crores and to reduce the debt, company has successfully raised additional equity capital of Rs 108 crores through QIP in November 2017 and allocated 93,85,765 equity shares to major mutual fund companies @ Rs 115 per share


Aditya Birla Sun Life Small and Midcap Fund =  21,73,913

L&T Emerging Business Fund = 25,29,236

IDFC Sterling Equity Fund = 16,30,000

Edelweiss Tokio Life Insurance = 8,69,000


Company has Issued 10,00,290  preferential equity shares to promoters @  Rs 120.50 per share in December 2017.


http://www.bseindia.com/xml-data/corpfiling/AttachHis/0f7d86df-85b9-48e4-8256-373c5c8d2ac4.pdf



http://www.bseindia.com/xml-data/corpfiling/AttachHis/440534b2-cb09-404d-b1cf-ae5bf3f57cc9.pdf



There will be significant reduction in debt due fund raised through QIP & preferential issue. The company will able to show better earning and better financial leverage for future expansion project.


Further company plans to put up Integrated Textiles Units as a greenfield project.  The proposed project will have facilities from spinning to processing, value-added segment to manufacture blended cotton yarns, melange yarn, dyed yarns, dyed and finished knitted fabrics and a new category in finished woven fabrics in cotton and its blends. The company has already purchased about 50 acres of land around 70 Kms from existing site and the same has been converted for Industrial use. For further details refer below link


http://www.bseindia.com/xml-data/corpfiling/AttachHis/5ae0af96-42f6-4486-996b-e6976e7be567.pdf



Conclusion



The Textile Industry plays a significant role in the Indian economy. It  constitutes 20% of industrial production, contributes around 10% to the export revenues and 20% to the employment in the industrial sector. This shows India’s potential to emerge as a global manufacturing hub  for textile and clothing. The domestic market also offers significant growth opportunities for Indian textile industry. 






Nitin Spinners has delivered industry-leading growth in past  and it will continue to outperform its peers in the future. Nitin Spinners is aggressively expanding its capacities to capitalise on the expected high future demand in textile sector. 


Nitin Spinners stock at cmp Rs 114 is very good investment opportunity for both short  term and long term ( 1 year to 4 years ). It can be bought + / - 10% from cmp with 10 -20% of portfolio allocation.






757 comments:

  1. Thank u so much for your new much awaited new stock. 🙏

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  2. Madam Thank u very much for your support,guidance and valuable time spending for us.

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  3. Thanks a lot for the new recommendation.

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  4. Hi mam..you always said its a very good company in many quries and we are all lucky that it is available at such low price. Thank you mam

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  5. Thank you madam for identifying Nithin Spinners, may I know what would be the returns for 1-3 years..

    ReplyDelete
    Replies
    1. Expected return around 50 -100% in one year and 300% in 4 years.

      Delete
  6. What is the returns we can expect for long term

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  7. Thanks Mam for ur excellent Gift

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  8. dear dolly maam..i already had nitin spinnnrs at 62rs accouting to 5% of my portflio..now the suggested price is almost double to that. so want to know whether it makes sense to increase allocation to 20% at cmp? thanks a ton for detailed analysis on company

    ReplyDelete
    Replies
    1. Yes you can add some more and keep the allocation around 15 -20%

      Delete
  9. Good morning Mam. Thanks for your first recommendation of 2018. Happy investing fellow boarders and best wishes to all.

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  10. Thank you mam for new stock in 2018.

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  11. Thank you so much Mam for the new suggestion. God Bless....

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  12. Thanks Madam for the recommendation. Company is nicely poised for huge growth. Capex cycle is over for this year. Hopefully gives a great return in the coming years with decrease in debt. What is expected return in short term & Long term?

    ReplyDelete
    Replies
    1. Expected return around 50 -100% in one year and 300% in 4 years.

      Delete
  13. Good morning mam,I am very fresh investor, nithin spinners is on my radar.....but thanks for posting such a great company.....how much return I can expect in 1 year

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    Replies
    1. Expected return around 50 % in one year and 300% in 4 years.

      Delete
  14. Hello Mam.. Thanks for another wonderful pick.. I have it at 106 from last 3 months but is not moving.. What are the targets expected in short term and long term..

    ReplyDelete
    Replies
    1. Expected return around 50 -100% in one year and 300% in 4 years.

      Delete
  15. Thanks madam for new recommendation

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  16. Good morning Mam Thank you very much for the first stock of 2018.
    What is expected return in short term and long term for Nitin spinner.

    ReplyDelete
    Replies
    1. Expected return around 50 -100% in one year and 300% in 4 years.

      Delete
  17. Good Morning Madam, Good one, I am already holding this stock since 128, is it advisable to add more at this CMP?

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    Replies
    1. Yes, if you want to increase the allocation than you can add more at cmp

      Delete
  18. Thank you Madam. This is great help.

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  19. Many manyThanks for such a post .mam what will be return in 1/3yrs time?

    ReplyDelete
    Replies
    1. Expected return around 50 % in one year and 300% in 4 years.

      Delete
  20. Very Good Morning and thanks for new star stock. Only thing that promoter share has declined n MF increased by 13%. Thats good ? And suggested target for two year holding period ?
    Thanks again.

    ReplyDelete
    Replies
    1. Yes it is very good because company is aiming to grow much bigger than present size.

      Expected return around 50 % in one year and 300% in 4 years.

      Delete
  21. Thank you mam.May I know your opinion about TARMAT.

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  22. Mrs Dolly,
    Please accept my heartfelt gratitude for picking such a good stock.

    M'am, what kind of returns can be expected from this stock both in the short and long term period?

    Also Indian textile industry has been facing stiff competition from Bangladesh and some other countries. But by focusing on increasing sales within the country this can be mitigated and you have already mentioned this. Any impact on the company from foreign competitors?

    Once again accept my heartfelt thanks.

    With warm regards,

    Navraj Grewal

    ReplyDelete
    Replies
    1. Expected return around 50 % in one year and 300% in 4 years.

      Bangladesh is one of the major raw cotton, yarn and fabric importers because there is very little cotton cultivation. Bangladesh is good in exporting readymade garments. Most of the production is on job work for major brands due to low labour cost and weak industrial regulation. Even several indian companies are exporting yarn and fabrics to Bangladesh.

      Indian textile products are preferred in the world due to high quality. There is no direct competition in spinning and fabric business from external source because domestic consumption market is itself very huge.

      Delete
  23. What is the long and short term expected return?

    ReplyDelete
    Replies
    1. Expected return around 50 % in one year and 300% in 4 years.

      Delete
  24. Thank you very much for the latest recommendation, Dollyji and Rajivji. The prospects seem to be bright and am sure the company would meet the projected financial statements. Thank you once again.

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  25. duty drawback also revised upwards with immediate effect for yarn and fabrics. So further good news

    ReplyDelete
    Replies
    1. Yes, textile sector is expected to perform very well in future.

      Delete
  26. Thanks lot Ma'am !! The first stock of 2018 will be great to all of us . God Bless !!

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  27. I am learning and your blog is great oppurtunity to learn and harvest money. Thank you.

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  28. Hello Mam,thanks for the new scrip...whether we can expect for short term 50-100%???

    ReplyDelete
    Replies
    1. Expected return around 50 % in one year and 300% in 4 years.


      Delete
  29. Thank you mam, for the new pick. Will buy 1000 shares on Monday. God bless you and your family.

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  30. Respected madam,Thanks for helping small invester and finding another stock.If we looking performance of textile sector, not performing well since last few quters and cost of cotton as a raw material continuously increase because gov. want to double farmer income. In this situation what outcomes we expect from nitin spinner in short term? Thanks.

    ReplyDelete
    Replies
    1. Not only textile sector but complete GDP came down from 7.5 to 5.7 due to impact of demonetisation and GST implementation. Now everything getting settled and positive trend is started from Q3 it will continue for long term.

      Just have look on below link to know the facts in detail

      http://www.livemint.com/Industry/acEAx2TJIDMMzZbuhOBpLN/India-GDP-growth-slumps-to-57-in-Q1-hit-by-GST-implementa.html

      https://www.statista.com/statistics/263617/gross-domestic-product-gdp-growth-rate-in-india/

      Delete
  31. This comment has been removed by the author.

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  32. Thank You Mam, May Almighty bless you.

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  33. Thankyou Dolly mam for gem of a pick.

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  34. Great thank you thank dollyji.

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  35. Please this humble request to all blog readers just ask question regarding suggested stock rather asking for other stock god bless you mother.......

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  36. Hi Ma'm,

    Thank you for the new stock.

    Regards,
    Joby

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  37. Thanks a lot Mam!!! I have invested in Gati,Orient paper and Deepak Nitrite as recommended.
    One doubt - Is the expected return 300-400% for Nitin Spinners as well for long term?

    ReplyDelete
    Replies
    1. Yes, we can expect around 50 % return in one year and 300% in 4 years.

      Delete
  38. Thank you so much ma'am for your recommendation, we are very grateful for your selflessness service, may God bless you with Good health.

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  39. Thanx , madam for suggesting a new gems to us...

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  40. Happy Republic Day mam..Thanks for the next pick..

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  41. Expected return from this stock....

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  42. Thanks dear mam for your new recommendation. Mam is tci good to buy now

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  43. Thanks dolly mam for the update with detailed description. Which price you can expect in 2 to 3 years of span.

    ReplyDelete
    Replies
    1. Expected return around 50 % in one year and 300% in 4 years.

      Delete
  44. Hello Madam.. Thank you so much ..what is the expected return..

    ReplyDelete
    Replies
    1. Expected return around 50 % in one year and 300% in 4 years.

      Delete
  45. Thanks MAM for suggesting this New Gem

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  46. Thank you very much for the new stock suggestion ma'am. What kind of returns can we expect from the stock for short term as well as for long term. Regards

    ReplyDelete
    Replies
    1. Expected return around 50 % in one year and 300% in 4 years.

      Delete
  47. Got into gati as per ur advi. Movement is nil. Any feedback. Tks in advance.

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    Replies
    1. All of Mam's recommendations are for 3-4 years.

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    2. If you are trader, Plz stay away because this blog is for investors only..

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  48. Thank you mam I am first entry of your recommendation nitin .I feel my financial position will improve with your guidance in ten years

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    Replies
    1. Yes you can buy it within 10% from suggested price and hold with confidence for 3-4 years for decent return.

      Delete
  49. Madam I have Trident shares would you advise to switch to nitin spinners.which company has better prospects.Thanks

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    Replies
    1. Need to stick with investment decision and hold it for at least 2- 3 years.

      Delete
  50. Thanks Mam for recommending another GEM in textile Sector.

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  51. Thanks Mam for reco. What is the expected return for 1 year? If willing to take higher risk which is better reco for 1 year - Lasa Supergenerics/Deepak Nitrite from current price or Nitin spinners?

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    Replies
    1. You can buy Nitin spinners within 10% from suggested price and hold with confidence for 3-4 years for decent return.

      Not advisable to buy Lasa Supergenerics/Deepak Nitrite at cmp

      Delete
  52. Thanks Mam for the new recommendation

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  53. Thank you Mam for another block buster stock.

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  54. thank you so much mam. one more gem

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  55. Madamji, thank you very much for yet another good one. Its almost one times its EV and with good revenue growth visibility. Also profit margin is expected to rise with future value addition of products.thank you very much.

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  56. Respected Mam,

    I have Nandan Denim 600 @120/ &
    Nahar ENT 1000 shares @108/ in textile sector.I want to add 5000 Qty Nitinn spinner near ur advisable price.so,what to do with other two textile stock ? Sell them both or kept in my portfolio as it is or increase the qty ( sell other 2 stock & add another 1500 qty Nitin spinner)
    Pl advise.

    With regards,
    Soumen Kr Roy.

    ReplyDelete
    Replies
    1. You can give around 20% allocation in textile sector so adjust your portfolio accordingly.

      Delete
  57. Any comment on change in percentage holding?

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    Replies
    1. Because company has successfully raised additional equity capital of Rs 108 crores through QIP in November 2017 and allocated 93,85,765 equity shares to major mutual fund companies @ Rs 115 per share

      Aditya Birla Sun Life Small and Midcap Fund = 21,73,913

      L&T Emerging Business Fund = 25,29,236

      IDFC Sterling Equity Fund = 16,30,000

      Edelweiss Tokio Life Insurance = 8,69,000

      It is positive step to reduce the debt

      Delete
  58. Thank you for the recommendation. Can you please share your views on Jubilant industries?

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    Replies
    1. No change in previous view for Jubilant industries, continue to hold it for decent return in future.

      Delete
  59. Thanks dollyji. God bless you and shower you with health and wealth. monday i will be buying nitin spinner some around 400 or 500 qty. I had missed kesoram stock and since kesoram is still in buying range so I was planning to buy kesoram also.

    ReplyDelete
    Replies
    1. Yes you can add it till it is trading within 10% from suggested price.

      Delete
  60. Namasthe Maam, i am holding indo count industries since 1 year at avg price 151. Should i book loss and move to nitin spinners or should i continue to hold indo count as well

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  61. Thanks for your recommendation. God bless you and your family.

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  62. Thanks you soo much madam for advising of New stocks.
    Any idea on Finolex chemical (FCL)

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  63. Hi mam what's your view on sintex plastic can it be bought at cmp....and what can we expect in 1 year and 3-4 years what's returns can be expected

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    Replies
    1. Yes, it can be bought at cmp with expected return around 15 -20% return per year

      Delete
  64. It is mainly due to increase in raw materials, power and manpower cost.

    Company is consistently increasing its focus on domestic market and gradually reducing its exposure from exports market.

    We can expect better net profit margin in coming quarters due to higher capacity utilization and debt reduction

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  65. Sorry not tracking khadim and shiva global

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  66. Thanks mam for the latest gem. When the orient electric will be listed and expected price.

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    Replies
    1. Orient Electric will be listed in next 2 -3 months and we expect that it will list above suggested price.

      Delete
  67. Mam it is advisable to buy nitin spinners before result as results are on 30jan??

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  68. Hello blog readers... anybody got credited Orient electric in ur DP a/c,i am having a/c with Motilal Oswal

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    Replies
    1. Not yet . I guess it will take another 2 month

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    2. yes.. credited 10 days back into Dmat account

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    3. yes ...credited in my IIFL account

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  69. Can u give your suggestion on Rnaval?

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  70. Dear Mam,

    Thanks for this new recommendation.
    I have been tracking nitin spinners since a year but was waiting to buy it below 100..Now after your recommndation i am confident to even buy at 120😊
    I really hope i will be able to buy tomorrow around 120.
    Thanks
    Rajesh

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  71. Dear madam, thankyou for your latest suggestion. Textile sector as a whole I believe should do well in future and Nitin is poised to do well considering latest capacity addition and their historically good capacity utilisation. Also if they could execute well their new greenfield project well, it will also drive growth in 1-2 years time.
    Any comments or additions...

    Thank you

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  72. Thank u madam for ur wonderful stock.

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  73. Thanks for this new recommendation Mam. i am holding welspun india @78 what's your view for next 1 year

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  74. Madam, your views on Prakash Industries, meghmani organics ltd, L&T Finance

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    Replies
    1. All are good stock but not advisable to buy at CMP

      Delete
  75. Ma'am
    I am holding omkar special @74/- should I continue to hold or switch to nitin spinning.I am long term investor but current don't have spare funds to buy your recommended share now.. Please suggest.

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  76. Dear Mam... am currently holding Kallam Spinning, your view on the same please?

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  77. Today this stock opened at 10% high and 126 CMP, is this suggested price to buy now ?

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  78. Thank you very much for your new gem. Hope to get good profit out of it.

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  79. Mam, yours views on metal sector outlook?

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  80. I bought Manappuram at 100 rupees. will it take 1 year to go to 200 rupees? Kindly advise

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    Replies
    1. Not advisable to buy above 60. You have bought at extremely high price , need to keep the expectation reasonable around 15 to 20% return per year

      Delete
  81. Hello Ma'am
    Thank You for recommending this script to us. Can you please advise on HT Media? Can it be bought at cmp? What are the expected returns?

    ReplyDelete
  82. Hello Ma'am,
    Should I hold Dwarikesh Sugar Ind in which I am currently at ~20% loss at cmp. Please suggest.
    Thank you for Nitin Spinners!

    ReplyDelete
    Replies
    1. Need to stick with your investment decision for 2 to 3 years even in the case of loss

      Delete
  83. Placed AMO (market price) order in early moring, Got nitin spin @ 129. Realized price high thankfully sold at 128 after few minutes. Shall i wait for correction or buy at current price 123 approx?

    ReplyDelete
    Replies
    1. I have clearly mentioned that it can be brought within 10% from suggested price

      Delete
  84. Thanks for this new recommendation Mam, I able to bought 1700 shares at 123.
    I want to know how you have choosen nitin spiner compare to trident.

    Thanks,
    Harish

    ReplyDelete
    Replies
    1. I am suggesting the stocks with its own merit not with comparison of any other stock

      Delete
  85. Good afternoon Ma'am. Thank you for the latest recommendation. May all good things happen to you and your family. Deepak nitrite has fixed issue price for quip at Rs. 264 per share. Would you be kind enough to let me understand if the share price of dn would necessarily come to the qip issue price of Rs. 264. Also, Kindly explain the reason. I would be deeply indebted to you for your goodness, Ma'am.

    ReplyDelete
    Replies
    1. Sorry I am not analysing the daily moment of any stock price.

      Delete
  86. Dear Madame,

    Very happy to get your guidance. Much grateful to you. When will be the next investment suggestion? If I know roughly, I can arrange finances accordingly.

    ReplyDelete
    Replies
    1. It will be in the first or second week of the March

      Delete
  87. Hello,
    I am a newbie to your blog. Have gone through all your posts in detail and have developed huge respect for your analysis and outcomes. I was waiting for this recommendation. Was planning on buying this stock today. Before i could, the stock jumped by ~10%. Since your advice is always +-10% from CMP, i am in a fix if i should now enter this stock. Please advise. Many thanks in advance.

    ReplyDelete
    Replies
    1. I have clearly mentioned that it can be brought within 10% from suggested price and it was trading almost whole day below 125

      Delete
  88. Dont know if my last comment was posted :(. Price has shot up ~10%. Should we still buy or wait for a dip?

    Many thanks

    ReplyDelete
    Replies
    1. I have clearly mentioned that it can be brought within 10% from suggested price and it was trading almost whole day below 125

      Delete
  89. Dear mam what's your view on leel electrical and gnfc can this be bought at current levels

    ReplyDelete
  90. madam in last 15 days ,indices are lifted just because of few stocks , broader mkt and other stocks cracking, portfolio down already 7-8 %, what will happen if indices correct , what level one shud start buying quality midcaps,

    do u think LTCGT WILL BE LEVIED IN BUDGET?

    ReplyDelete
    Replies
    1. It is not first time correction we are facing. Rise and fall is the integral part of this business. You cannot time the market either you have to be with market or exit the market for ever. I have already replied in detail about SENSEX and Nifty movement and both have no relation with SmallCap and MidCap index

      Delete
  91. Mam should lt foods be bought at cmp

    ReplyDelete
  92. Hello Ma’am, Can I add more TCI express at CMP?. What is the expected price you see by March 2020?

    ReplyDelete
  93. looks like too many repeat questions due to nervousness or ignorance. Please refrain from asking same questions. also suggest to focus on stocks suggested in blog rather than asking to buy new stocks.
    so much money to be made if one does not lose focus and also if one is not too greedy

    ReplyDelete
  94. Madam I read that qip price for deepak nitrite is 264... Plz tell us what is qip, who gets benefit...Is it advantage to retail investers...Thank u madam

    ReplyDelete
    Replies
    1. QIP id qualified institutional placement. It is when company raises money by issuing shares to specific institutions rather than retail issue. Positive for the company as it raises required capital

      Delete
  95. Mam, is it advisable to sell VRL logistics at 450 and get into Gati at 130?

    ReplyDelete
  96. Good afternoon ma'am,
    Kindly give your opinion on IL&FS ENGINEERING, A leading construction company available at 4 PE with HDFC as one of the promoter.
    Thank you ma'am

    ReplyDelete
  97. Good afternoon Ma'am ! My honest confession this afternoon , portfolio gone in - and on time like this really patience Test and yes I am holding on with conviction ! Wanted to share me . Thanks again Ma'am !!

    ReplyDelete
  98. How much more correction can be seen in mid & small cap, significant profit portion is already been absorb due to correction...

    ReplyDelete
  99. Thanks dollyji, since monday morning I was waiting to buy below 120 and finally i could buy today @ approximately 119. Thanks a lot

    ReplyDelete
  100. Dear Mam,

    Your views please on Nitin Spinners results?

    Thank you.

    ReplyDelete
  101. Hello Madam.. Good Evening.. Pennar Industries has been sliding since last few sessions with no immediate signs of recovery. Even the project win news (17th Jan) could not help and there is one way downfall..Whats happening in this counter? Is there any cause to concern?? Q3 results will be declared on 12th, hopefully we get a trigger there.

    ReplyDelete
  102. View on 'Amarjothi Spinning Mills'
    The stock is being hammered due to bad result, but is it a good stock to own.
    I see few investments guru sold the stock, but few bought in as well.

    ReplyDelete
  103. Dear Madam,
    Thanks for this new gem pick.
    Pl convey your comments on this quarterly result.
    Thanks.

    ReplyDelete
  104. Dear Madam, any specific reason for fall in shree pushkar from 330 to 269 levels.

    ReplyDelete
  105. Filatex ind ltd purchase kar saktaha Hu Kya ?

    ReplyDelete
  106. Dear Ma'am your view regards to Kothari petro Q3 result.
    Regards

    ReplyDelete
  107. Please share your views on Galaxy Surfactants IPO.

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  108. mam pls advice on rssoftware.I am holding@120 levels and the results are continoudly in losses. pls advice wht to do?

    ReplyDelete
  109. Mam
    Sorry for asking the qn.is ppap auto now is declining.i s it right time to book profits and exit the stock.my purchase price 211

    Thanx

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  110. Hi Mam can we add Kesoram Industries at CMP 136

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  111. Dear madam, whats your view on Emami limited at current CMP?

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  112. Madam, can we add more of abfrl and jubilant industries at cmp for long term?

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  113. Thanks for another gem. Any thoughts on Gujarat Alkalies & Chemicals Limited.

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  114. Dear Madam, I purchased Surana Solar @ 35Rs when you recommended in the year 2016. May I know the future of this stock. It is currently trading @ 17 levels. Thanks in advance.

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  115. Mam, Is it advisable to buy Jp Infratech and Videocon Industries at CMP

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  116. Dear Mrs Dolly,

    My take on the present mid cap and small cap correction. This is for investors and not traders. And we on this blog are investors with a minimum investment period of 2 to 4 years.

    If a stock is fundamentally good then and there is nothing to worry about the stock correction. Rather it removes the froth and the stock is correctly priced and it gives an opportunity to add more. The fundamentally good stocks will eventually move up and command better and premium valuations.

    There is no loss to the portfolio when stocks correct as there is no gain when the stocks move up. As long term investors the gain or loss will be made only when we actually sell a stock and that is after they have achieved their target. So these corrections in the market are bound to happen. Just hold on to your stocks with conviction as when the stocks were bought , they were bought based on fundamentals and future earning prospects .

    Most of the analysts on the media give trading calls. Some term six months as long term which in our case is from two to four years. So the time horizons are hugely different and that short term analysis does not effect us.

    So basically if we invest only that amount which is not required for next three to four years as also invest in fundamentally good stocks with good future earning visibility , then there is nothing to worry . We will make good gains.

    M'am would you like to share your views on the above.

    Thanks and warm regards.

    Navraj Grewal
    .

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  117. Dear Ma'm, What is the impact of LTCG tax on the equities in long term?

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